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Mortgage Applications Decrease in Latest MBA Weekly Survey Jan 26, 2022
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The Great Resignation And Great Talent Migration
...to money. At the other end of the spectrum, like the current housing market favoring sellers, high earners, comprised of skilled workers and professionals, now hold the upper hand with employers......

Today's mortgage rates for Jan. 26, 2022: Rates go up - CNET
Today a few notable mortgage rates moved up. Here's what that means for you if you're in the market for a home loan. Some important mortgage rates grew today. 15-year fixed and 30-year......

Rate hikes have been good for stocks. This time might be different
...TSLA) and Whirlpool (WHR) follow after the close.Also today: New US home sales for December post at 10 a.m. ET. The Fed announces its latest policy decision at 2 p.m. ET. Coming tomorrow: Earnings......

Home Prices Continued to Decelerate In November
...November illustrated continued strength in prices despite higher mortgage rates, affordability constraints and continued...

What is a short sale?
...from 2008 to 2012, but they are rare in today’s booming housing market. Still, these distressed sales could become part of the homebuying landscape again. A short sale can yield a good deal on......

What is a savings account? Definition, how they work
...ll never lose the money you have saved — up to the FDIC insurance limit of $250,000 per account owner at FDIC-insured banks. But the money in your savings account can lose purchasing power over......

Why loan performance could establish a ‘new normal’ in 2022
...average, principally because federal regulations artificially (but rightly so) reduced defaults and foreclosures through very generous forbearance programs,” McLaughlin said in an email. “Now......

Looking Ahead To The 2022 Filing Season And What To Expect
...call back within 30 days." What? 30 days? The moratorium on foreclosures and evictions was lifted in August 2021, at least here in Maryland. People still haven't gotten their refund, and that......

15 Hottest Markets at the Close of 2021
...spot in the December 2021 index. The area ranked as the hottest housing market eight times last year. “In recent months, [as] pricey West Coast markets lost some appeal due to a combination......

Investors Reveal Top Concerns, Challenges
...respondents also said that they believe more inflation could lead to higher mortgage rates, which could hurt affordability and weaken demand. “A looming concern is that of inflation,” Sharga......

Fewer Buyers Waiving Contingencies
...contingency in December, down from a peak of 27% in July 2021, NAR’s survey shows. Twenty-one percent of buyers waived the appraisal contract contingency, down from a peak of 29% in June 2021......

The Dream Of Homeownership Is Still Alive: What To Keep In Mind Before Pulling The Trigger
...almost every properly priced property. Combined as it was with historically low mortgage rates, this situation pushed local buyers to the edge of their financial comfort zones in order to compete......

What does a mortgage loan originator do?
...$3,000 by getting five quotes. Fortunately, it’s easy to compare mortgage rates and lenders with Bankrate. Take time to find the best mortgage lender, and be sure to consider offers carefully......

Millions of homeowners can still cut their mortgage payments with refinancing
Even with mortgage rates jumping since the start of the year, millions of American homeowners can still benefit from a refi. Mortgage data firm Black Knight estimates that roughly 6 million homeowners......

Growth in U.S. home prices cooled off a tiny bit in November
...stretching their budgets. More sellers are expected to list their properties, and mortgage rates are rising, which may help keep price gains in check. "The sky-high growth in the S&P CoreLogic......

The Daily Money: Neil Young tells Spotify, it's me or Joe Rogan
...of housing stock and a rush by potential homebuyers to beat a rise in mortgage rates. “It is a hint to us that perhaps the spring homebuying season is coming early," says......

US home prices soared 18.8% in November
...Case-Shiller Home Price Index, a slight slowdown from the previous month. Rising mortgage rates pressure buyers to move quickly Home prices soared 18.8% in November...

Mortgage rates for Jan. 25, 2022: Rates climb
Today a handful of major mortgage rates inched upward. See what that means for you if you're in the market for a home loan. A variety of major mortgage rates climbed today. The average interest......

Today’s national mortgage & refinance rates, January 25, 2022 – Rates rise
...and some lenders may have motivation to be very competitive on price.” Mortgage rates 30-year fixed-rate mortgage moves up, +0.10% The average 30-year fixed-mortgage rate is 3.68 percent, up......

The Problem With Google Pay
...about the legal nuances of bank licenses as long as they see “FDIC insured” associated with their account. Becoming the “nervous system of the emerging digital economy” sounds like a bunch of......

2022 housing market sees an early surge in home prices. Here's why.
After a brief lull, the growth in homes prices is surging again. Experts blame low housing stock and a rush to beat......

December 2021 REALTORS® Confidence Index Survey: Fewer Buyers Waiving Appraisal, Inspection Contract Contingencies
...inspection contract contingencies has been trending downwards in recent months, according to NAR’s December 2021 REALTORS® Confidence Index Survey, a survey of REALTOR® transactions. In the December......

Do student loans affect buying a house?
...the biggest of which is the inevitable increase in housing prices and mortgage rates. A recent report from the National Association of Realtors (NAR) showed the median sales price of existing......

Promise Homes secures $200M to expand single-family rental portfolio
...of single-family rentals, a significant milestone for a Black-owned firm in the housing market. The deal with investment firm Barings is part of a recapitalization to form a new joint venture......