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Which $1.5 Million Home Would You Buy?
28
Nobody Wanted Montague Street. Now Everybody Does.
Image Caption: On a recent Saturday, a line formed outside the bakery L’Appartement 4F on Montague Street.
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AI Spending Hot Again, Remains the Wild Card for Mortgage Rates
Mortgage rates remain flat today, still hovering around 7.375% or so for the 30-year fixed. The 10-year yield continues to sit just under 5%, which is about all the “good news” bond investors have to offer at the moment. New home sales came out this morning and AI spending is back in the headlines. But… Read More »AI Spending Hot Again, Remains the Wild Card for Mortgage Rates
The post AI Spending Hot Again, Remains the Wild Card for Mortgage Rates appeared first on The Truth About Mortgage.
26
Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch?
Opendoor has rolled out a new way to buy a home that bypasses the mortgage entirely. And that might sound pretty good given where mortgage rates are at these days. It’s called “Opendoor Own,” and the pitch is 2% down, no mortgage, and a monthly payment that stays fixed for five years. With rates on… Read More »Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch?
The post Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch? appeared first on The Truth About Mortgage.
26
Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week
Mortgage rates are a touch better to start the week, moving back toward their best levels in a month. The 30-year fixed is averaging close to 7.375%, down from recent highs of 7.625%. While not great, it could be worse and there’s still hope rates can inch closer to the high 6s before the midterms.… Read More »Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week
The post Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week appeared first on The Truth About Mortgage.
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