WASHINGTON (AP) –U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of.
If the road to real estate riches were an easy one, everyone would be a millionaire landlord or house-flipper. Making big money from investment property (real estate purchased for the purpose of earning rental income or a profit from reselling it) is rarely as simple as "buy low, sell high."
You may be tempted to just use the lender who your real estate agent typically works with, but that doesn't guarantee you'll get the best rate for your home loan.
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The plunge in mortgage rates from the November high has been spectacular. Inventory for sale in June was about flat compared to June last year. Surging prices are a demand killer, but real estate.
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A Houston home sold for around $3 million at 12441 Pebblebrook Drive. Freddie Mac believes both mortgage rates and home sales in 2020 will be lower than it had previously thought. NEXT: Peek inside.
WASHINGTON (AP) – US long-term mortgage rates dropped this week. Subscribe to the Globe’s free real estate newsletter – our weekly digest on buying, selling, and design – at pages.email.bostonglobe.
On August 23, 2019, according to Bankrate's latest survey of the nation's largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.73 percent.