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US mortgage rates fall below 3% for first time since February as housing market cools

The decline is good news for homebuyers. Supply shortages lifted sales prices to record highs in March and constructi.....»»

Category: topSource: businessinsiderApr 22nd, 2021

The COVID-19 pandemic devastated many small businesses. It also sparked a surge in new ones. ‘I just felt like this was the time.’

The coronavirus pandemic has been brutal for small business owners. But even as many in the Chicago area closed their doors for good, others saw opportunities to start some.....»»

Category: topSource: chicagotribuneMar 15th, 2021

Personal Finance Daily: Fewer Americans will get a stimulus check this time around — here’s exactly how many, and mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Thursday’s top personal finance stories.....»»

Category: topSource: marketwatchMar 4th, 2021

Chicago-area home prices rose 7.7% in December, a dramatic gain but smallest among big cities

U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates. The S&P CoreLogic Case-Shiller 20-city home price index cl.....»»

Category: topSource: chicagotribuneFeb 23rd, 2021

It’s official: U.S. mortgage rates fall to all-time lows

U.S. mortgage rates continue to plummet and have reached their all-time low marks, according to Freddie Mac. The 30-year fixed mortgage rate averaged 3.23 percent for the week ending April 30 — down from 3.33 percent last week. A year ago, mort.....»»

Category: topSource: bizjournalsMay 4th, 2020

Mortgage rates sink to all-time lows and may be headed lower

The 30-year fixed-rate average fell to 3.23 percent, its lowest level in the 49-year history of Freddie Mac's survey......»»

Category: topSource: washpostApr 30th, 2020

Mortgage rates hit all-time low amid coronavirus concerns: Freddie Mac

Mortgage rates fell to an all-time low following the Federal Reserve's decision to cut interest rates this.....»»

Category: topSource: marketwatchMar 5th, 2020

The average 30-year fixed-rate mortgage hit a record low of 3.29% this week, Freddie Mac says

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 5th, 2020

Fannie Mae and Freddie Mac

For decades, the mortgage giants Fannie Mae and Freddie Mac were the fat and happy foundation of the U.S. housing market. By buying and packaging home loans into bonds and absorbing much of their risk, they made it easier for homebuyers to get .....»»

Category: topSource: washpostFeb 28th, 2020

U.S. mortgage rates rise, still in historically low range

U.S. mortgage rates increased this week, yet remain near historic lows, according to Freddie Mac. The 30-year fixed mortgage averaged 3.56 percent for the week ending Sept. 12, up from 3.49 percent last week. This marks first time the 30-year fix.....»»

Category: topSource: bizjournalsSep 16th, 2019

First-time homebuyers could snag lower costs for FHA loans under House-passed bill

The Housing Financial Literacy Act would provide a discount on upfront mortgage insurance if the borrower goes through financial literacy counseling......»»

Category: realestateSource: cnbcJul 18th, 2019

Local partnership breaks ground on East Side affordable homes (slideshow)

Home prices will range from about $130,000 to $160,000, and buyers must be first-time homebuyers earning no more than 120% of the area's median income......»»

Category: topSource: bizjournalsMay 30th, 2019

Guaranteed Rate Breaks Company All-time Record; Funds $3.94 Billion of Locked Loan Volume in April

Chicago, Ill., May 13, 2019 (GLOBE NEWSWIRE) -- Guaranteed Rate, one of the largest retail mortgage lenders in the nation, celebrates another record-breaking month in April, po.....»»

Category: earningsSource: benzingaMay 13th, 2019

San Francisco Bay Area home prices fall for the first time in 7 years

Not since the bottom of the last housing crash have homes in the San Francisco Bay Area lost value. But prices follow sales, and sales have been running extraordinarily low since last summer, when mortgage rates spiked......»»

Category: realestateSource: cnbcApr 29th, 2019

Bay Area home prices fall for the first time in 7 years

Not since the bottom of the last housing crash have homes in the San Francisco Bay Area lost value. But prices follow sales, and sales have been running extraordinarily low since last summer, when mortgage rates spiked......»»

Category: topSource: moneycentralApr 29th, 2019

First-Time Homebuyers Get a Break With Lower Mortgage Rates

(TNS)—Economic gur.....»»

Category: realestateSource: rismediaApr 9th, 2019

Guaranteed Rate Companies Sets Record For All-time High; Funds $3.46 Billion in Locked Volume in March

Chicago, April 03, 2019 (GLOBE NEWSWIRE) -- CHICAGO, Ill., April 2, 2019 –  Guaranteed Rate, one of the largest retail mortgage lenders in the nation, celebrates a record-breaking March, positioning the company to have its la.....»»

Category: earningsSource: benzingaApr 3rd, 2019

Raleigh among the best places in U.S. for first-time homebuyers, study says

Looking to buy your first home, and in the Raleigh area? You’re in one of the best places in the country to do just that, according to a new study from Bankrate.com.  The analysis from the consumer financial services company found that the Ral.....»»

Category: topSource: bizjournalsMar 18th, 2019

Girls are reportedly bleeding through their pants due to a charter school"s "dehumanizing" bathroom policy

Sarah Schmalbruch/INSIDER Noble Charter Schools, a network of schools in the Chicago area, has strict behavioral and dress code policies, according to an NPR affiliate. The policies are so strict that students don't have enough time to go .....»»

Category: topSource: businessinsiderMay 1st, 2018

San Francisco Bay Area homes sell faster than anywhere else in the country

Sky-high prices aren’t slowing homebuyers from placing down payments, as the Bay Area sees fastest turnaround for home sales nationwide.   The median time from when listings go up to when sales are closed in San Francisco is just 36 days as of A.....»»

Category: topSource: bizjournalsJun 8th, 2018