By Calculated Risk 2024/7/18 13:41:00 What this means: Every week, Realtor.com reports the year-over-year change in active inventory and new listings. Monthly, it reports total inventory. In June, Realtor.com reported that inventory was up 36.7% year-over-year, but it's still down 32.4% compared to April 2017 to April 2019 levels. On a weekly basis, inventory is currently up 35.8% year over year.Realtor.com has monthly and weekly data on the existing housing market. Here is their weekly report: Weekly Housing Trends View – Data for the week ending July 13, 2024• Available inventory increased, with homes for sale up 35.8% year over…
Author: Private Lending Agent
Mortgage rates fell from last week, a positive development for the U.S. housing market.The average interest rate on a 30-year fixed-rate mortgage fell to 6.77% from 6.89% last week, Freddie Mac said Thursday, the lowest since mid-March. A year ago, the average interest rate on a 30-year fixed-rate mortgage was 6.78%, Freddie Mac said.Meanwhile, the average interest rate on a 15-year fixed mortgage was 6.05%, down from 6.17% last week and 6.06% a year ago.”Mortgage rates are moving in the right direction and the economy remains strong, two positive signs for the housing market,” Sam Carter, chief economist at Freddie…
Any affiliate links to products on this page are from partners who pay us compensation and are subject to terms and conditions of the offers mentioned (see our advertiser disclosure in our partner listings for more information). However, our opinions are our own. Find out how we rate credit cards and write an unbiased product review.Information about the following products has been collected independently by Business Insider: Citi® / AAdvantage® Platinum Select® World Elite Mastercard®, Citi® Double Cash Card, Chase Freedom® Student Credit Card, Citi Simplicity® Card, and US Bank Visa® Platinum Card. Details about these products have not been…
Denholtz Properties Signs Whole-Building Lease with Leading Pickleball Franchise in Hamilton, New Jersey July 18, 2024 Denholtz Properties announced that it has signed a lease with Pickleball Kingdom, located at 1100 Negron Drive in Hamilton, New Jersey, for the entire building, 40,500 square feet. Scheduled for completion in 2023, 1100 Negron Drive is a 40,500 square foot, single-story flex/industrial building featuring 26-foot-high ceilings. The property is strategically located less than a quarter mile from the intersection of Interstate 195 and Route 130 and one mile from Exit 7A on the New Jersey Turnpike, providing excellent access to the Philadelphia and…
KW's Mega Agent Camp 2024 opens its doors on Monday, August 12th, welcoming real estate agents from across the country and abroad. The industry's leading agent education and training event, MAC brings together over 120 top agents from across KW with a focus on mainstage conversations sharing their secrets to success. With so many panelists in attendance, you'll learn a lot in just a few days. And since MAC isn't scheduled to return to Austin next year, this summer is the perfect opportunity to explore the heart of the capital city. Follow our guide to learn how to make the…
Any affiliate links to products on this page are from partners who pay us a commission (see our advertiser disclosure in our list of partners for more information), but our opinions are our own. Find out how we rate student loans and write an unbiased product review.Student loans can help bridge the gap between the total cost of attending college and the amount of scholarships a school offers. There are two types of student loans: federal loans, which have benefits and fixed interest rates available to all borrowers, and private loans, which have variable interest rates and terms.In most cases,…
Mortgage rates fell to their lowest levels since March, reflecting continued optimism that the pace of inflation is nearing a level that would prompt the Federal Open Market Committee to act.The 30-year fixed-rate mortgage fell to 6.77% on July 18, down 12 basis points from 6.89% the previous week and down 1 basis point from 6.78% for the same period in 2023, according to Freddie Mac's Primary Mortgage Market Survey.At the same time, 15-year fixed-rate loans also saw weekly and annual declines, dropping to 6.05% from 6.17% and 6.08%, respectively.On July 11th, the 10-year Treasury hit a peak of 4.29%…
Police collected fingerprints from the scene and officials tidied up the mess at the scene.Although the building was insured, the couple did not have contents insurance.”With help from kind neighbors this afternoon, we were able to clear out most of the trash,” Buddy's Dog Salon posted on Facebook.Advertisement Advertise on NZME.”Right now we're assessing what needs to be replaced, what can be repaired and trying to get everything back in place.”The couple declined to comment further, other than to say they were overwhelmed by the outpouring of help and support from neighbouring stores in cleanup efforts, as well as kind…
“Global payments issues” hit Bank of England's CHAPS service Banks say the issues are causing delays to large, time-sensitive payments, including some home purchases. “We are aware of the impact this may have and are working closely with our third-party suppliers, industry and other authorities to resolve the issue as quickly as possible,” the company said. Retail payment systems and automated teller machines were not affected. It is unclear how many payments have been affected by the issue, but the bank has been aware of the problem since midday. Sky News understands that a cyber incident has been ruled out.Chris…
According to the Bank of Canada, about half of homeowners who took out mortgages before interest rates started rising in February 2022 have yet to renew their mortgages. By the end of 2026, nearly everyone in this group — more than 2 million homeowners — will be renewing their mortgages, according to estimates by the Canada Mortgage and Housing Corporation. In addition to facing rising interest rates, some borrowers may find themselves in a different financial situation than they were a few years ago. Changes in household income, debt levels and credit scores can make renewals complicated. Even if your…