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Mortgage and real estate news this week: The Fed and mortgage rates, plus keeping up on home maintenance
...how much mortgage borrowers pay in interest. Federal Reserve policy indirectly affects mortgage rates by setting the borrowing prices for banks themselves. And it’s not just primary mortgage......

Mortgage rate deals for week ending Sept. 25, 2021: Top offers from lenders
...49 percent, an increase of 8 basis points from the previous Thursday. Mortgage rates remain historically low, making it a good time to get a mortgage or refinance. This “clicked-on” rate reflects......

Less Intense Multi-bidding and Fewer First-time Buyers in August 2021
...opportunity to work from home. Since July 2020, the share of vacation home sales has been trending at around 6%, compared to the average of 5.6% in 2020 and 5.2% in 2019. NAR's 2021 Vacation......

Covid-19 Continues To Propagate Dire Shortages Across Multiple Industries
...evident in is the housing industry. In the last 12 months, the housing market has witnessed soaring demand, especially as employees are increasingly faced with the option of working from home......

New-home sales in U.S. increased to a four-month high in August
...the National Association of Home Builders said in a report Monday. While mortgage rates are historically low, some prospective buyers are balking at high home prices. Just 29% of respondents......

Maine home sales in August decline for the second month in a row
...of the market balancing itself. Piscataquis County saw the largest decline in home sales of almost 29 percent to 104 units from June through August of 2021 compared to the same three months......

Risk Reduction For Mezzanine Loan Borrowers
...foreclose relatively quickly and easily – at least in comparison to mortgage foreclosures in many states, including New York. This is because, unlike New York mortgage foreclosures, UCC foreclosures......

Is Banking The Next Target Of Digital Disruption?
...partner with a charter bank to insure their financial products through the FDIC. MORE FOR YOU ‘We Can Control Our Own Destiny’: John Zimmer Shares Lyft’s Vision For The Company’s Future And......

Mortgage interest rates as of Sep. 24, 2021: Rates climb
Today a number of notable mortgage rates crept higher. Here's what that means for you if you're in the market for a home loan. A handful of important mortgage rates moved up today. 15-year......

Today’s mortgage refinance rates rise – September 24, 2021
Senior mortgage reporter Jeff Ostrowski covers mortgages and the housing market. Before joining Bankrate in 2020, he wrote about real estate and the economy for the Palm Beach Post and the South......

Current mortgage and refinance rates for September 24, 2021 – Majority of rates rise
Average mortgage rates were mostly higher compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo loans ticked up, while 5/1 ARM rates......

Fannie Mae: Don't expect housing market to settle until at least 2022
Fannie Mae (OTC: FNMA) says it expects U.S. home sales to end 2021 a bit higher than they were the year before and the multiple economic effects of the coronavirus pandemic to dampen the market......

This is why we have a housing shortage
...report found a shortage of 3.84 million. But the red-hot 2021 housing market has certainly made it worse. ► The Daily Money:  Get our latest personal finance stories in your inbox Why do we......