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A growing number of first-time buyers are jumping into the housing market this spring because of falling prices, historically low mortgage rates, and an $8,000 federal tax credit.
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Former Palo Altans have a spectrum of attitudes toward their city and Silicon Valley, which has burgeoned into a technological, innovation and intellectual hub rivaled by few regions in the country.
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John burns real estate consulting home and housing stories have appeared in The Wall Street Journal, Bloomberg Businessweek, CNN, and USA Today.. Southern California home prices are flat in May as sales fall. LA Times, June 2019. due to near-record low mortgage rates and an increase in the.
A deluge of South Floridians are falling behind on their monthly house payments, raising fears that many of the delinquent property owners will lose Foreclosures rise as overextended S. Floridians struggle with mortgages (Sarasota: insurance, mortgage broker) – Florida (FL) – City-Data Forum
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US mortgage rates fall to record low. The average rates on the conventional 30-year fixed-rate mortgage, which is the most common, fell to 4.01 per cent after holding at the previous record low of 4.09 per cent for the past two weeks, Freddie Mac said on Thursday. The company has been tracking these rates since 1971.
And low mortgage rates, after years of low mortgage rates, are having only a limited effect on sales volume. But the median price of existing homes sold in June across the US – median means half sold for more and half sold for less – rose 4.3% from a year ago to a record $285,700.
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US Mortgage Rates Fluctuate Slightly At Near-Record Lows This week 30-year fixed-rate mortgages increased slightly from 3.39% last week to 3.4% this week. This increase is still lower than 2 weeks ago and only 0.04% higher than the record low of 3.36% that was reached last month.