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Tag: buyers

30-year mortgage rate stabilizes in 6.6% range, draws buyers back: Freddie Mac

With mortgage rate volatility subdued, buyers are finding a reason to get back into the housing market. (iStock) Mortgage rates rose slightly this week, but have remained steady at 6.6% in recent weeks, giving borrowers an incentive to get back into the housing market, Freddie Mac said. The average interest rate on a 30-year fixed-rate […]

‘Arrogant’ Hunter Biden demanded ‘sh–ty’ art buyers’ names

Hunter Biden has been accused of “arrogance” for making an unusual deal with a Manhattan art dealer in which he would tell people who bought his paintings and for what price. The contract between the eldest son and dealer Georges Berges was signed in October 2020. According to Republican lawmakers investigating his eldest son's business […]

Home buyers struggle in 2023, but homeownership rate could rise in 2024

Despite low inventory and high home prices, homeownership reached 66% in 2023. (iStock) The housing market struggled last year. Inventories in the market had already fallen sharply in the previous year, the lowest since the Fed began collecting data in 2016. According to economic data from the Federal Reserve. forever, Housing costs have skyrocketed The […]

Freddie Mac delivers help with down payment assistance to lenders and buyers

Freddie Mac has introduced other programs to help with down payment assistance, such as DPA One. (iStock) To combat record-high home prices, Freddie Mac is making it easier for homebuyers to get down payment assistance. In early December, Freddie Mac has begun a document standardization process Various down payment subsidy systems are available. Before standardization, […]