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Mortgage Rates Take a Drop
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. Continue Reading Mortgage Rates Take a Drop
Active Home Listings 50.5% Below Pre-Pandemic Levels
Last month, the national median list price was $430,000 in April, up from $424,000 in March. Continue Reading Active Home Listings 50.5% Below Pre-Pandemic Levels
Home Equity Ticks Downward for Second Straight Month
ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month
Uh-Oh, Another Bank in Trouble? PacWest Is Exploring ‘Strategic Options’
“Recently, the company has been approached by several potential partners and investors,” the bank said. Continue Reading Uh-Oh, Another Bank in Trouble? PacWest Is Exploring ‘Strategic Options’
NYC Rent-Stabilized Units Facing Hikes Up to 7%
“A 7% rent increase is clearly beyond what renters can afford,” said Mayor Eric Adams. Continue Reading NYC Rent-Stabilized Units Facing Hikes Up to 7%
Banks Having Second Thoughts Over Japan’s First Casino Development
Financing is expected to come via a $4.1 billion syndicated loan, the largest of its kind in Japanese history. Continue Reading Banks Having Second Thoughts Over Japan’s First Casino Development
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