Two large private sector lenders, ICICI Bank and Axis Bank, revised their fixed deposit (FD) interest rates this month. ICICI Bank has revised its fixed deposit interest rates with effect from today i.e. July 2, 2024. The latest interest rates range from 3% to 7.20% for general public and 3.5% to 7.75% for senior citizens. Meanwhile, Axis Bank has also revised its interest rates on fixed deposits with effect from July 1, 2024. Axis Bank's interest rates also range from 3% to 7.2% for the general public and 3.5% to 7.75% for senior citizens. ICICI BankThe top interest rate of…
Author: Private Lending Agent
Karen Hatcher walked past stacks of books and newspapers left by the previous owners into the 100-year-old home that would soon become hers. Past the cluttered storage shed, the first thing Hatcher saw was a hole surrounding the home's outdated kitchen — the original hardwood floors had rotted away after 100 years of use — that gave Hatcher a direct view into the crawl space beneath the house. “It took six dumpsters just to clear out the house, and a lot more work. It was daunting,” she said, “but we knew we wanted to live in the area.” So much…
In 2023, we will continue to learn from the past, as national statistics for 2022 continue to be released to show us what has changed from 2021 and what the trends will be this year. Those statistics exist in the form of where people are moving in 2022. Statistics provided by the U.S. Census Bureau and analyzed by the National Association of Realtors (NAR) allow us to see what the future of homeownership holds by region. People fleeing California, New York and Illinois were flocking to Florida and Texas. However, California remains the most populous state, with 39 million residents.…
It's a great day for fans of HGTV's Married to Real Estate, as co-stars and husband and wife Egypt Sherrod and Mike Jackson announced the news we've all been waiting for: Married to Real Estate is returning with a new season! HGTV has yet to announce any major details regarding Season 4 of the popular series, but filming is officially underway. Egypt and Mike last appeared on HGTV in the “Married to Real Estate” Season 3 finale on March 14, 2024. HGTV announced a 12-episode renewal for Season 3 during the Season 2 premiere, but months after the Season 3…
At Quadwalls, we understand that buying a home in Northwest Indiana is a big investment, likely the largest of your life. With the median home price in Indiana hovering around $255,900, a home inspection is an important step in protecting your investment. Home inspections are relatively inexpensive, averaging $350-425, but they can uncover potential issues and help you make informed decisions throughout the buying process. What is a home inspection? A home inspection is a visual, non-intrusive examination of a building's major systems and components. A certified inspector will thoroughly examine the home's structure, exterior, interior, plumbing, electrical, and HVAC…
The average interest rate on a U.S. mortgage is gradually rising as older, lower-interest mortgages are being replaced by newer loans that are more expensive to lend, according to data from the Intercontinental Exchange. According to the ICE Mortgage Monitor report, 4 million first-lien mortgages originated in 2022 and beyond have interest rates above 6.5%, with about 1.9 million of those having interest rates above 7%. “As of May, 24% of homeowners with mortgages currently have interest rates above 5%,” Andy Walden, vice president at ICE Research and Analysis, said in a statement. “It's astonishing to think that just two…
Business handshake on financial prosperity and money technology assets background.Economic and financial growth by investing in valuable stock market to get wealth profit from currency trading Lakewood-based Reliance Global Group on Monday announced the creation of a new real estate division aimed at complementing the company's focus on acquiring insurance agencies that are revenue-growing and cash-flow positive. Abe Miller, a successful real estate investor and mergers and acquisitions executive, has agreed to join Reliance to oversee the new division and advise on future real estate transactions. Miller will not receive a fixed salary for his work, but will be compensated…
As of Tuesday, July 2, 2024, average interest rates on 30-year and 15-year mortgages rose for a fifth straight day ahead of a key jobs report due to be released on Friday that will provide clues about the overall health of the U.S. labor market and economy.The current average interest rate for a 30-year fixed mortgage is 7.07% when purchasing and 7.06% when refinancing, up 7 basis points from 7.00% when purchasing and 10 basis points from 6.96% when refinancing last Tuesday. The average interest rate for the shorter 15-year term is 6.59% when purchasing and 6.66% when refinancing, up…
Ashwinder R. Singh, highly regarded for his insightful contributions to the real estate industry, has released his third book, “Master Commercial Real Estate.” This comprehensive guide delves into the complexities of investing in the commercial real estate market, providing valuable insights for both novice and seasoned investors. Building on the success of his previous bestsellers, “The A to Z of Residential Real Estate” and “Master Residential Real Estate,” this new book solidifies Singh's reputation as a thought leader in the industry. Singh's previous books have been immensely popular among homebuyers, channel partners, developers, real estate investors and professionals, and his…
Editor's note: We earn commission from Forbes Advisor partner links. Commissions do not influence our editors' opinions or ratings. According to Curinos, the current interest rate for a 30-year fixed mortgage is 7.54%. The average interest rate for a 15-year fixed mortgage is 6.79% and the average interest rate for a 30-year jumbo mortgage is 7.43%. Mortgage interest rates as of July 2, 2024 Source: Curinos See moreSee more 30-year mortgage rates The average interest rate on a 30-year fixed-rate mortgage today is 7.54%, 0.17 percentage points higher than last week. The Annual Percentage Rate (APR) for a 30-year fixed…