2025 could be the last year of inventory shortage
Home prices in 2025 are a couple percentage points above where they were last year at this time. People often ask, “How can it be possible that home prices are still climbing even though the cost of money is so much higher?”There are obviously fewer buyers who can afford these prices.One reason that
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Retirees may be turning to home equity to finance healthcare shocks: report
Long-term care (LTC) will likely play a large part in the lives of Americans as the population continues to age, but financing it can be a financial challenge for people particularly on a fixed income. While many retirees often do not intend to tap their home equity to finance such moves, they may o
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Mortgage rates fall as economic softness sends bond yields lower
Mortgage rates decreased again today on weak economic data, following last Friday’s similar drop in the 10-year yield. Furthermore, the mortgage spreads in today’s pricing are favorable. According to the latest quote from Mortgage News Daily, mortgage rates are now around 6.89%. This represents a de
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