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Mortgage Rates Jump Right as Home Prices Drop, Offering Buyers a Mixed Bag

Mortgage Rates Jump Right as Home Prices Drop, Offering Buyers a Mixed Bag

Mortgage rates rose this week, fueling concerns among homebuyers as they venture out into the spring housing market. The average rate for a 30-year fixed home loan inched up from 6.79% to 6.82% for the week ending April 3, according to Freddie Mac. Despite this dispiriting news, the spring market is still showing some positiveRead …

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The 5 US cities where rents are falling the most might come as a huge surprise

The 5 US cities where rents are falling the most might come as a huge surprise

Cheap rent alert: Rental prices are continuing to come down, particularly in the South. Across the country, rents fell in 29 of the 50 largest metropolitan areas in February, according to a recent Realtor.comĀ® report . That’s been a boon for tenants, many of whom saw big run-ups in prices over the past few years.Read …

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California Homeowners Face an Insurance Crisis. What Will It Mean for Home Prices in the State?

California Homeowners Face an Insurance Crisis. What Will It Mean for Home Prices in the State?

Californians are facing yet another setback on the housing front after a major insurer said it is pulling out of 72,000 home-insurance policies—and the insurance industry’s steady retreat from the state could have a serious effect on home prices and sales, experts say. Insurance giant State Farm, which stopped accepting applications for homeowners insurance inRead …

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