We can thank President Trump for the low rates to buy a new Home . This would be very nice for a young family trying to buy a home and start the families. This is great , thank you Mr. President.
Got a private load at 10% way below market for my first house in the Jimmy Carter days. People don’t realize how good it is due to their limited exposure! Take advantage people now is a good time for many economic changes in your personal life, find dream job or start a business!
1st house many moons ago 16 3/4 % fixed 30 year mortgage. So 4-5% looks good to me. It's all relative.
Romeo_Busiku EndTheFed
Housing market is not battered, its cyclical.
😶
Current rates are around 4.3% When I was starting out in life, mortgage interest rates were 10% Cry me a river.
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Mortgage rates stay subdued, bringing relief to slumping housing marketRates for home loans were unchanged at recent lows, helping bolster the housing market’s comeback case.
Source: MarketWatch - 🏆 3. / 97 Read more »
Foreclosures And Underwater Mortgages Fall To Lowest Rate In YearsGetting a mortgage might be more expensive these days, but for those who already have one? It seems staying current on those loans is now easier than ever. According to new data, October saw the country’s lowest overall mortgage delinquency rate since 2001.
Source: Forbes - 🏆 394. / 53 Read more »
Futures market shows the Fed won't raise rates this year, says strategistJonathan Golub, chief U.S. equity strategist at Credit Suisse, and Michael Zezas, head of U.S. public policy strategy for Morgan Stanley, join CNBC's 'Squawk on the Street' to discuss how earnings warnings and President Trump may be affecting the markets. Investment income should be taxed as labor income is.
Source: CNBC - 🏆 12. / 72 Read more »
Housing Market Is Canary in Interest-Rate Coal MineThere may be reason to worry that the whole U.S. economy has become dependent on low rates and that the housing market is merely the first area to show symptoms of it. Well, duh. remember early 90's ? you have to raise interest rates when economy is very good …… or banks will go bankrupt on unpaid loans …..trump went bankrupt in the early 90s …..I love to borrow money with no interest …..wake up
Source: WSJ - 🏆 98. / 63 Read more »
Sharp drop in rates sparks 23.5% spike in weekly mortgage applications after unusually weak holidaysHomebuyers returning to the market after the holidays may have been inspired by the drop in rates, but stock market volatility and the government shutdown could keep some of those mortgage applications from closing. Still winning! realDonaldTrump 🙏🇺🇸❤️ Thank you trump “unsually weak” holidays! Dude its usual when interest rates are up and regulations inhibit plebs from getting a new app done and have already maxed at their passed refinance! “unsual” getf out of here with that b.s
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications plummet nearly 10% to end 2018, despite lower ratesThe numbers are surprising, given that homebuyers and homeowners looking to refinance could have taken advantage of lower interest rates. I guess those SALT deduction caps actually have an impact. Who knew?
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications surge 13.5% as borrowers rush to take advantage of lower ratesThat is its highest level since February 2018 and came after a 23 percent jump the previous week. Volume was just 0.5 percent lower compared with the same week one year ago Seems like you guys are undecided on how to report data. Just another news outlet that is bent on weird headlines ClickBait The market is so weird right now
Source: CNBC - 🏆 12. / 72 Read more »
Homebuilder sentiment turns higher in January after mortgage rates dropBuilder sentiment rose two points to 58 in January according to the National Association of Home Builders. This came after two months of sharp drops in sentiment to the lowest level in more than two years. The index stood at 72 on year ago. 那隻豬該下台了！！
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Why the housing and mortgage crisis is far from overThe housing and mortgage crisis is far from over, says kjurow. This is why kjurow FTA- 'Here’s what’s happening in New York that is likely occurring in other major U.S. real estate markets.' New York and other Democrat run areas are not doing well. High taxes, big government and tired old Leftwing ideas kill economic growth and people are leaving 🙄 kjurow Over 1.2mm notices, I don’t believe that to be true, this statistic needs verification
Source: MarketWatch - 🏆 3. / 97 Read more »