Source: NJ.com — The housing market is cooling. Interest rates have risen 4 percentage points since August 2021 when they were 2.7%. Inflation is at about 8.3%, making everything from groceries to gasoline more expensive. And home prices have risen 28% in the...
Source: KSL News — The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. “Good news for home buyers, sellers are dropping their home prices” But what...
Source: The Motley Fool — After rock-bottom interest rates during the first phase of the COVID-19 pandemic, the mortgage chickens have finally come home to roost. In October 2021, the average U.S. mortgage interest rate for a 30-year fixed-rate mortgage was...
Source: MSN — U.S. mortgage rates crept up once again this week as demand for home loans tumbled, according to a pair of widely followed reports. Buyers and sellers are increasingly on edge as the average 30-year fixed mortgage rate — now more than double what...
Source: The Day — Mystic ― A Guilford-based entity holding mortgages on Spicer Mansion signed a contract Saturday to buy the hotel for $3,050,000 after submitting the winning bid in a public foreclosure sale. MMP Holdings LLC outbid Walter “Sonny” Glaser Jr.,...
Source: Calgary Herald — Last month, Calgary saw 450 sales for condominium apartments, up 23 per cent from September last year. It was an all-time high for the month, eclipsing the previous record set in 2014 with 432 sales. Row also set a record last month...
