If you are in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, + 1.42% and Freddie Mac FMCC, + 1.67% announced Wednesday night that they will now charge a 0.5% negative market fee on all refinances, including both cash-out and …
Read More »Mortgage prices will fall further in the coming weeks
Interest costs fall for those who refinance their mortgage. getty Interest rates on mortgages are falling, but they will fall even more in the coming weeks, giving some 18 million homeowners the chance to save money by refinancing. Key interest rates fell sharply in the early days of the pandemic, …
Read More »US tenants owe $ 21.5 billion in back rent; Republicans do not offer eviction
NEW YORK (Reuters) – More than $ 21.5 billion in past-due rent looms over Americans struggling to make ends meet, global advisory firm Stout, Risius and Ross estimated Wednesday as Republicans and Democrats scramble for a new aid package COVID-19. FILE PHOTO: Sandra Cruz, who lost her job due to …
Read More »US tenants owe $ 21.5 billion in back rent; Republicans do not offer eviction
NEW YORK (Reuters) – More than $ 21.5 billion in past-due rent looms over Americans struggling to make ends meet, global advisory firm Stout, Risius and Ross estimated Wednesday as Republicans and Democrats scramble for a new aid package COVID-19. FILE PHOTO: Sandra Cruz, who lost her job due to …
Read More »New home sales in the United States shine in June; commercial activity accelerates
WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
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