Ever since mortgage interest rates jumped in 2022, some Californians have had a strategy: Buy now and, once rates drop, refinance to save hundreds of dollars each month. The idea — pushed by some real estate agents — was supposed to be a trade-off. The buyer could pick up a home in a slower market, and though interest costs would be high, they wouldn’t stay that way. The strategy may still work, but so far, high borrowing costs are here to stay. In recent weeks, rates have climbed higher,...
The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
A judge earlier this month agreed to a prosecution request to drop a murder charge against a man who is charged in a 2021 shooting death.
By Deidre McPhillips, CNN (CNN) — The fertility rate in the United States has been trending down for decades, and a new report shows that another drop in births in 2023 brought the rate down to the lowest it’s been in more than century. There were about 3.6 million babies born in 2023, or 54.4
By Deidre McPhillips, CNN (CNN) — The fertility rate in the United States has been trending down for decades, and a new report shows that another drop in births in 2023 brought the rate down to the lowest it’s been in more than century. There were about 3.6 million babies born in 2023, or 54.4
By Deidre McPhillips, CNN (CNN) — The fertility rate in the United States has been trending down for decades, and a new report shows that another drop in births in 2023 brought the rate down to the lowest it’s been in more than century. There were about 3.6 million babies born in 2023, or 54.4
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing homes fell 4.3% in March compared to the previous month and 3.7% year-over-year, to an annual rate of 4.19 million, according to a press release from the National Association of Realtors (NAR). The average for a 30-year fixed-rate mortgage reached 7.10% this week, a substantial jump from 6.88% last week, depressing Americans’ desire to switch homes and possibly...
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This marks the second consecutive year of declining undergraduate applications for Harvard.
While the first season of the Korean drama The Escape of the Seven was a popular show, that popularity does not seem to have carried over to Season 2 -- The Escape of the Seven: Resurrection -- which is currently struggling to keep the attention of its audience. That struggle continued last night when The