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A Return To The Golden Age Of Banking? Two Small-Cap Bargains
...support returns. Now, with longer-dated Treasury yields bumping up against 4% and mortgage rates approaching 7% at one point last month, the tide has turned back toward making the traditional......

Brokered CDs: What Are They and How Do They Work? - CNET
...the issuing bank is covered by either the Federal Deposit Insurance Corporation (FDIC), or issuing credit union is covered by the National Credit Union Administration (NCUA). But that's not always......

For Florida Real Estate That Survived Hurricane Ian, A Price Bump Awaits
...San Diego economist Joshua Graff Zivin. That paper focused on the Florida housing market using data from 2000 to 2016. Graff Zivin and his colleagues determined that “hurricanes cause a temporary......

Mortgage Rates for Oct. 7, 2022: Rates Move Up
Today a handful of notable mortgage rates ticked up. If you're in the market for a home loan, see how your payments might be affected by interest rate hikes. A variety of significant mortgage......

CRE Demand 'Almost Unquenchable' Despite Rising Financing Costs
...are benefiting from strong in-migration, despite a cooling housing market nationwide. And when it comes to commercial real......

Happy Halloween? Mortgage Rates Average 6.66%
Despite a slight decrease this week in mortgage rates, the average for the 30-year fixed-rate loan remains more than double what it was a year ago, adding hundreds of dollars per month to financing......

Home listings fall, price cuts and removals surge due to rate hikes
The interest-rate surge this year has altered the dynamics of the housing market, as new listings dwindle while at the same time, sellers are cutting prices or pulling their property off the......

Total Flood And Wind Losses From Hurricane Ian Range From $41 Billion To $70 Billion
...Laura, Delta and Ida.” According to CoreLogic, more than 66,000 pending mortgage applications worth nearly $22.5 billion are in progress in Florida, North Carolina and South Carolina and are......

Mortgage rates are up, sales of homes are down
...nearly 7%. These mortgage rates continue to push home...

Art-based Alley Activation Honors Monroe City History
...Both DTMC and MTAR are humbled that an organization as large as NAR and the Missouri REALTORS® can have such a lasting effect on our rural communities. Turning “places” into “spaces” is a goal......

What is judicial foreclosure?
...court system. Here’s everything you need to know about how judicial foreclosures work. Judicial foreclosure definition In any home foreclosure, the lender takes back the property after the......

NAR’s 2022 Good Neighbors: A Passion for Giving That Outlasted a Pandemic
...effected change to improve the lives of others in their communities,” says NAR President Leslie Rouda Smith. “Each of these REALTORS® has devoted hundreds of hours a year and raised huge sums......

Instant Reaction: Mortgage Rates, October 6, 2022
Mortgage rates took a breather this week. According to Freddie Mac, the 30-year fixed mortgage rate fell slightly to 6.66% from 6.70% the previous week. While there are mixed......

10 cheap cities to buy a home in 2022
...year ago to $389,500, according to the National Association of Realtors (NAR). What’s more, in the last 20 years, wages have not kept pace with home prices. The median household income only......

Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns
...on the conversation bubble to join the conversation Got it! Topline Despite mortgage rates falling for the first time since mid-August, experts are warning the higher borrowing costs that......

Why are job cuts rising and what does that mean for you? September spike brings worry.
...29%. Why are job cuts rising in 2022? Challenger said the cooling housing market at the Fed’s rate hikes have led to job cuts among mortgage staff at banks and lenders, and recession concerns......

Mortgage rates slip due to economic uncertainty
Mortgage rates ended a six-week streak of increases with a 4-basis-point reduction for the period ended Oct. 6, which Freddie Mac attributed to ongoing economic uncertainty. The Freddie Mac......

US mortgage rates take a breather after rising for 7 weeks in a row
After rising for six weeks in a row, mortgage rates retreated last week. The 30-year fixed-rate mortgage averaged 6.66% in the week ending October 5, down from 6.70% the week before, according......

iBuyers tap the brakes in response to housing market uncertainty
...have never accounted for more than 1 percent of all U.S. home sales, according to Redfin. In some markets, such as Raleigh-Durham, North Carolina, Charlotte and San Antonio, iBuyers were responsible......

10-Year Mortgage Rates for October 2022 - CNET
...amount in interest over the course of your home loan. Plus, 10-year mortgage rates are still relatively low compared to mortgage rates overall, which means they offer valuable financial benefits......

Current mortgage and refinance rates for October 6th, 2022: Rates rise
Average mortgage rates increased for all types of loans compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans increased......

NAR's 2022 Good Neighbor Award Winners Honored for Volunteer Work
...change to improve the lives of others in their communities," said NAR President Leslie Rouda Smith, a Realtor® from Plano, Texas, and a broker associate at Dave Perry-Miller Real Estate in Dallas......

Mortgage rates take a breather after rising for 7 weeks in a row
After rising for seven weeks in a row, mortgage rates retreated last week. The 30-year fixed-rate mortgage averaged 6.66% in the week ending October 5, down from 6.70% the week before, according......

Home Buyers’ Down Payments Are Coming Back Down To Earth
...buyers to up their down payments during the pandemic. But as the housing market cools amid high mortgage rates and economic uncertainty–and buyers can no longer afford as much as they used to–down......

Labor Market 'Cracks' Beginning To Appear As Job Cuts Surge And Unemployment Claims Unexpectedly Rise
...firm's Andrew Challenger said in a statement, adding that the cooling housing market and Fed’s rate hikes are leading to job cuts among mortgage staff at banks and lenders and that recession......