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Mortgage Rates Just Hit a 4-Month Low, but Do Homebuyers Even Notice—or Care?

Realtor.com

Getty Images Mortgage rates are down again this week, which means things are looking up for homebuyers. The average rate for a 30-year fixed-rate mortgage ticked down 2 basis points to 6.13%, according to Freddie Mac , continuing a pattern of rates seesawing lower since topping 7% in the fall.

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The Real Estate Standoff: Existing Home Sales are Up, Despite Reluctant Sellers

Broke Agent Media

Jeff Tucker Zillow Senior Economist Mortgage rates remain high, keeping sellers on the sidelines Homeowners who refinanced their homes in 2020 in 2021, when mortgage rates were at or below 3.5%, are understandably reluctant to trade in their relatively low mortgages for new ones at rates nearly twice that.

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What’s Happening to Your Home Equity in a Cooling Housing Market?

HomeLight

If you’re like most homeowners, you’re eyeing the home equity market with caution – or flat-out worry. The housing market is cooling off quickly, and it could continue to spiral in the coming year. We asked two experts to help get to the bottom of what’s happening to home equity in the current housing market: Donald J.

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Mortgage Rate Drop Creates a Homebuying Window, but How Long Will It Last?

Realtor.com

This dip in mortgage rates, combined with plenty of homes on the market, adds up to a potential win for homebuyers. “The less competitive market may have created chances for first-time homebuyers who are looking to become homeowners in 2023,” says Realtor.com® 28, by 9% from a year ago.

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How Much Does It Cost to Flip a House? Budgeting Tips & More

The Close

Carrying costs typically include financing, utilities, homeowner’s association fees (HOA), insurance, and property taxes. Plus, interest rates on different types of financing can vary drastically. For example, as of November 2024, the average interest rate on a conventional 30-year fixed-rate mortgage is 6.78%.

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Land of the First Boardwalk: Down Payment Assistance in New Jersey

HomeLight

To find local market information in each New Jersey county, check out the Fast Stats page on the New Jersey Realtors website. You’ll find up-to-date information on new listings, days on market, median sales prices, housing inventory, and more. Homeowners taxes. Here’s what you need to know. Grants and loans.

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

The percent of delinquent mortgages in Las Vegas is 1.2%, which is higher than the national value of 1.1%. The percent of Las Vegas homeowners underwater on their mortgage is 7.2%, which is higher than Las Vegas-Henderson-Paradise Metro at 7.1%. The market is currently cool – It is the right time to buy a property.

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