Fascinating. In Finland, it snows in the winter.
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Mortgage rates hold steady as housing market stresses mountRates for home loans were mostly unchanged in the most recent week, of little use to anyone trying to buy a home - there are few good options - or refinance - most everyone who could benefit already has. That chart has broken to the upside, muy mal ese! 30yrmortgage HousingCrisis
Source: MarketWatch - 🏆 3. / 97 Read more »
Rising Rates Are Roiling Nonbank Mortgage LendersThe end of the low-mortgage rate era is winding down. Its end will be particularly painful for the nonbanks that now control the bulk of the market. In Saudi Arabia we want constitutional monarchy and we want liberal system alternative of religious system, also we want democracy, but Americans don’t support us and all time support dictator kings and princes, why? may you answer?!! A silver lining. People who don't know any better go these loan sharks and pay multi thousands more for their houses for no reason than the loan shark stockholders' greed.
Source: WSJ - 🏆 98. / 63 Read more »
Mortgage rates hold near recent lows, a solitary bit of good news for the housing marketRates for home loans stayed pat in the most recent week, offering would-be home buyers and refinancers another shot at ownership even as housing-market dark clouds gather.
Source: MarketWatch - 🏆 3. / 97 Read more »
Mortgage rates drop to 2-month low—an unexpected holiday gift to housingMortgage rates are falling sharply, as investors head to the relative safe-haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent today, according to Mortgage News Daily. 2month compared to 30years ... it’s like 5mjns of break in a 18 hours of general labor job Or signs of a crash “lowan” ?
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications rise 1.6% as interest rates drop to lowest level since SeptemberDecember may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. Another data point against CNBC's recession narrative Venus fly-trap...lure them in with that succulent rate then in 2 years when their home values drop shut the trap.
Source: CNBC - 🏆 12. / 72 Read more »