Is the time right for first-time homebuyers?
Despite interest rates and home prices being down, millenials still have to do their homework before buying.
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Housing Supply Declined in May The supply of homes available for sale in major metropolitan areas declined slightly in May, but an ample supply remains, new data show.read more...
Mortgage Lenders: The Pain Deepens (BusinessWeek Online via Yahoo! News) For the crippled mortgage industry, the bad news won't stop.read more...
Rely On Rain For Yards read more...
InterBay completes first mortgage (Mortgage Introducer) The deal was a remortgage on a semi-commercial property in Richmond. Andrew Murray, general manager of InterBay, said: ?Having just opened our commercial mortgage business in May, we at InterBay
Mortgage Rates Sink This Week (AP via Yahoo! Finance) Mortgage rates around the country fell this week, with rates on 30-year mortgages sinking to their lowest level in 10 months.read more...
30-Year Mortgage Rates Increase to 6.67% (Los Angeles Times) Rates on 30-year, fixed-rate mortgages averaged 6.67% this week, up from 6.62% last week and the highest since the week ended June 13, 2002, mortgage company Freddie Mac said.read more...