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Atlanta Fed Chief Recommends Waiting on Rate Cuts
The Fed has kept its policy rate in the 5.25%-5.50% range for more than year as a strategy to bring down high inflation. Continue Reading Atlanta Fed Chief Recommends Waiting on Rate Cuts
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29. Continue Reading Mortgage Rates Drop Again
Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes
Aurora City Council member Dani Jurinsky stated the gang has taken over local several apartment complexes. Continue Reading Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes
Pending Home Sales Plummeted in July
“A sales recovery did not occur in midsummer,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Plummeted in July
Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
On the plus side, listings of starter homes were up nearly 20% year-over-year nationwide in July. Continue Reading Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
Home Mortgage Lending Records Q2 Rebound
Purchase loan activity was up by 32.7% while refinance deals rose by 10.3%. Continue Reading Home Mortgage Lending Records Q2 Rebound
