Real Estate News

Mortgage Rates, Inflation, Fed Debates, And Mark Cuban's Take On Tariffs: This Week In Economics
Publish date: Oct. 13, 2024, 2 p.m.
Authors: Benzinga Neuro
Source: Benzinga
Summary: The past week has been a rollercoaster ride for the financial world. From a sudden shift in mortgage rates to unexpected inflation figures, the economic landscape has been anything but predictable. The Federal Reserve has been at the center of heated debates, while billionaire Mark Cuban has ...
Mortgage Professional Associates Expands Into Austin Market with Award-Winning Branch Manager Christina Beitler
Publish date: Oct. 10, 2024, 12:38 a.m.
Authors: PR.com
Source: Benzinga
Summary: Austin, TX October 09, 2024 -- ( PR.com ) -- Mortgage Professional Associates ( MPA Home Loans ) is excited to announce its expansion into the Austin market, a key element of the company's growth vision. Leading this strategic initiative is Christina Beitler, the 2023 Austin Board of Realtors ...
Invesco Mortgage Capital ( IVR ) Laps the Stock Market: Here's Why
Publish date: Sept. 25, 2024, 1:50 a.m.
Authors: Zacks Equity Research
Source: Zacks Commentary
Summary: In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.01, denoting a +1.46% change from the preceding trading day.
Mortgage Rates Drop To 2-Year Low, Refinancing Hits 'Fastest Pace' Since 2022: Rocket, LendingTree Among Movers - Bank of America ( NYSE:BAC ) , Series Portfolios Trust Adaptiv Select ETF ( ARCA:ADPV )
Publish date: Sept. 18, 2024, 6:35 p.m.
Authors: Michael Juliano
Source: Benzinga
Summary: The average interest rate for a 30-year fixed mortgage dropped to its lowest point in two years as markets anticipate the Federal Reserve lowering its key interest for the first time in four years, perhaps by as much as 50 basis points.
Peter Schiff Says Unlikely That Fed Rate Cuts Will Lower Borrowing Costs, Predicts Rising Mortgage Rates And Dollar Collapse - Suggests 100 Basis Points Rate Hike As Cure
Publish date: Sept. 17, 2024, 7:50 a.m.
Authors: Benzinga Neuro
Source: Benzinga
Summary: Economist Peter Schiff has cautioned that the upcoming rate cuts by the Federal Reserve may not lower borrowing costs, according to a post on X on Monday. What Happened: Schiff, known for his skepticism towards Bitcoin BTC/USD, stated that mortgage rates have likely already hit their lowest point ...
Zillow Upgraded, Analyst Predicts Strong Growth With Lower Mortgage Rates On The Horizon Why Is Zillow Group ( Z ) Stock Gaining Today? - Zillow Gr ( NASDAQ:Z )
Publish date: Sept. 16, 2024, 11:03 p.m.
Authors: Lekha Gupta
Source: Benzinga
Summary: Zillow Group, Inc. Z shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $50 to $80. The analyst Jay McCanless writes they see a potential boost from lower mortgage rates for Zillow's core brokerage business.
US Mortgage Rates Drop to a New Low in 2024! 3 Big Gainers
Publish date: Aug. 23, 2024, 3:06 p.m.
Authors: Tirthankar Chakraborty
Source: Zacks Commentary
Summary: With mortgage rates falling, things are looking brighter for PulteGroup (PHM), KB Home (KBH) and Toll Brothers (TOL), making them solid buys.
Why Professional Services Company Equifax Shares Are Surging Today - Equifax ( NYSE:EFX )
Publish date: July 18, 2024, 8:18 p.m.
Authors: Lekha Gupta
Source: Benzinga
Summary: Equifax Inc. EFX shares are surging today after the company reported better-than-expected second-quarter FY24 financial results. Revenue grew 9% Y/Y to $1.43 billion, beating the consensus of $1.42 billion. Despite a 13% decline in USIS mortgage credit inquiries, U.S. mortgage revenue grew by 4% ...
Mortgage rates crept back up closer to 7% as home prices also jump up
Publish date: July 8, 2024, 7:04 p.m.
Authors: Christopher Murray
Source: Fox Business News
Summary: Mortgage rates jumped up this week, hovering closer to 7%. This jump ended week''s run of dropping rates. Interest rates for 30-year, fixed-rate mortgages averaged 6.95%, Freddie Mac reported.
Mortgage rates trickle down, but high prices keep buyers out of the market: Freddie Mac
Publish date: June 28, 2024, 7 p.m.
Authors: Christopher Murray
Source: Fox Business News
Summary: Prospective homebuyers didn''t get much relief on mortgage rates this week, as the average 30-year fixed-rate mortgages barely budged from 6.87 to 6.86%, Freddie Mac reported. Last year, interest rates weren''t wildly different and averaged 6.71% for 30-year mortgages and 6.06% for 15-year mortgages.
Six surprising issues that may affect your mortgage application
Publish date: June 11, 2024, 1:09 p.m.
Authors: The Week UK, Marc Shoffman
Source: The Week News
Summary: Getting together all the documents you need for a mortgage application can be stressful enough, but there may be some spending habits that you don''t realise could scupper your chances of getting a home loan.
Mortgage rates fall but only slightly as home prices continue rising
Publish date: June 7, 2024, 7:34 p.m.
Authors: Christopher Murray
Source: Fox Business News
Summary: Mortgage interest rates fell this past week, but not by much. Rates for 30-year mortgages averaged just a hair under 7% at 6.99%, Freddie Mac reported in its weekly rates report. Last week''s average for 30-year fixed-rate mortgages was just over 7%.
Guild Mortgage Review 2024
Publish date: June 4, 2024, 11:25 p.m.
Authors: Molly Grace
Source: Business Insider
Summary: Guild Mortgage is one of the best lenders for first-time homebuyers, thanks to its flexible credit requirements and variety of down payment assistance options. It offers a huge range of mortgages, making it a good option for many types of borrowers.
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