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Current Mortgage Rates Are Below 3% Again
Source: Crossroads Today --- The average rate for a 30-year fixed-rate mortgage dropped to 2.98% this week, according to Freddie Mac’s weekly survey. It’s the second week in a row where the average rate has declined and the first time it has dipped below 3% since late...
Why China’s Real Estate Slowdown Isn’t Like Japan’s
Source: Bloomberg --- As China struggles with its most severe real-estate slowdown in years, some have been asking whether the end of Japan’s real-estate bubble in the early 1990s offers a guide. But such comparisons are less helpful than they might appear, according...
Real Estate demands outpace the supply
Source: KPCW --- Since the start of the COVID-19 pandemic, real estate prices in the Park City area have hit the stratosphere, while the number of homes for sale remains at record low levels. Park City Board of Realtors President Mark Jacobsen said there are no homes...
Woman Receives Life for Role in Killing of Real Estate Agent
Source: KROC --- A former probation officer has been sentenced to life in prison for her role in the kidnapping and killing of a Minneapolis real estate agent. A Hennepin County jury in September found 29-year-old Elsa Segura, of Fridley, guilty of aiding and abetting...
The latest twist in WNY’s hot real estate market: all-cash, no-mortgage offers
Source: Buffalo News --- When it comes to real estate deals, cash has always been king. Lately, though, it has been more like the emperor. With the market for homes tighter than ever, an unprecedented number of buyers have been turning to all-cash offers in hopes of...
Financial Focus: Financial tips for new veterans
Source: The Duncan Banner --- On Veterans Day, we honor the men and women who have served in our armed forces. If you’ve recently separated or retired from the military, or you will be leaving soon, you can be proud of the service you’ve provided to your country. But...
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