Here’s why mortgage rates are all over the place – and how to find a good one

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Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK As investors and financial markets struggle to find their footing during the coronavirus pandemic, the effects are hitting consumers where they live – in mortgage rates. Not only are rates swinging wildly day to day, they are varying more dramatically lender to lender. In just the past four weeks, the average rate on…
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Chief mortgage regulator working on plan for potential spike in delinquencies from coronavirus

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Written By: Diana Olick @IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK As the growing economic impacts of the coronavirus roll through the U.S., some of the nation’s largest mortgage lenders are already getting calls from borrowers, concerned they won’t be able to make their monthly payments. Both government and independent regulators for the mortgage industry are now working on plans to deter…
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Housing supply hits record low, igniting prices

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by: Diana Olick The number of homes for sale at the end of November was the lowest on record for the month, according to the National Association of Realtors, which began tracking this metric in 1999. There were just 1.66 million homes on the market, down 5.7% compared with November 2018. That represents a 3.7-month supply…
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Big changes for Airbnb hosts

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PUBLISHED TUE, DEC 3 201911:41 AM ESTUPDATED TUE, DEC 3 20191:09 PM EST By: William Feuer Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year Airbnb is eyeing a major IPO next year, but this year it faces escalating regulation in cities across…
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3 Reasons to Use a Real Estate Pro in a Complex Digital World

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If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the home-buying process, and the truth on why it should never be…
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Cash is king when it comes to home improvements

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By LIZ WESTON Dear Liz: My husband and I are squabbling over how to pay for the pool we may get. We have a line of credit on the house, and rates are still low. I say we use that, make it part of the mortgage and pass the cost on to the next owner…
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Mortgage Rates Hit a 9-Month Low

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By Andrea Riquier. Rates for home loans slid again, even as the ongoing government shutdown poses a fresh threat for a wobbly housing market. The 30-year fixed-rate mortgage averaged 4.45% in the January 10 week, mortgage liquidity provider Freddie Mac said Thursday. That was down 6 basis points and marked the lowest point for the…
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