Tag Archives: Real Estate

TAMPA, Fla. – People facing Tampa’s housing crisis are getting much-needed help.  The city, along with Tampa Mayor Jane Castor, hosted a special homeownership conference at the Tampa Convention Center on Saturday to help interested buyers find solutions amid a devastating housing crisis. Everyone from lenders and banks to real …

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that …

Elias Stein Text size Jersey and Florida are hot. Austin and Seattle are not. On Tuesday, home builder Lennar ’s co-CEO Richard Beckwitt on an earnings call provided a tour of U.S. housing markets. “So far in June, new orders, traffic, sales incentives, and cancellations have worsened in many of …

Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&P Smallcap 600 with the lowest price/earnings ratios based on projected 2022 earnings, using consensus estimates from …

Yet a big question still facing investors, lenders and anyone trying to navigate the still-hot housing market is whether the Federal Reserve will start selling its trove of mortgage holdings to fortify its inflation fight. The central bank is so far trying to counter inflation by more traditional means: raising …

What will happen to mortgage rates in the near future? Getty Images While rates on 30-year fixed mortgages remained above the 6% mark for most of the last two weeks, for the second day in a row this week, mortgage rates dropped below 6%. Indeed, the average rate on 30-year …

The national delinquency rate fell five basis points from April to 2.75% in May, continuing the downward trend in overall delinquencies of the prior two months and marking yet another new low Following typical seasonal patterns, early-stage delinquencies – borrowers who have missed a single mortgage payment – edged marginally …

LEXINGTON, Ky. (WKYT) – Buying a house is part of the American dream, but experts continue to say it can be a tougher dream to achieve right now in Lexington – especially for first-time home buyers who find themselves in a competitive market with rising prices. “It is a little …

These are the latest mortgage rates Getty Images For roughly a week now, the average rate on a 30-year fixed mortgage was above 6%, according to Bankrate data — but the latest numbers show that rates have dipped below 6%. Indeed, data released today from Bankrate shows that the average …

What will happen to mortgage rates this summer? Getty Images In June, rates on the 30-year fixed-rate mortgage climbed above 6%, according to Bankrate data. This comes as inflation stubbornly sits at a 40-year high and the Fed has raised rates multiple times in an attempt to curb it. So …