John Greim/LightRocket/Getty Images A handful of closely followed mortgage rates tailed off over the last week. 15-year fixed and 30-year fixed mortgage rates both declined. For variable rates, the 5/1 adjustable-rate mortgage also sunk lower. 30-year fixed mortgage: 6.93% 15-year fixed mortgage: 6.32% 5/1 adjustable-rate mortgage: 6.38% In November, the average rate for a 30-year
Editor’s note: This article was originally published on December 2, 2022. It has since been updated. Breakups are never easy, especially when you share a child. When Shaun Nyland and Cat split after 7 years together, they agreed it was for the best and are still good friends. For Cat’s 31st birthday, Shaun Nyland paid
A record number of landlords have set up companies to shelter their buy-to-let portfolios from soaring mortgage costs. More than 50,000 buy-to-let companies were registered last year, surpassing the previous record of 48,502 established in 2022. Overall, there are now more than 345,000 active limited companies that are designed to hold buy-to-let property in Britain,
by Nahlah Abdur-Rahman January 14, 2024 Defense in Marilyn Mosby’s mortgage fraud trial are calling for prosecutors to allow her divorce settlement to be shown to the jury. Prosecutors in Marilyn Mosby upcoming trial want to black the jury from being made aware of her divorce settlement to Nick Mosby, Batimore’s City Council President. Her
By Claudia Aoraha, Senior Reporter For Dailymail.Com 17:40 14 Jan 2024, updated 17:46 14 Jan 2024 The Hilton Financial District reported $11.1 million in revenue in the third quarter of 2023, down from $12.3 million a year prior The city’s hospitality sector is faltering alongside the rise in crime , homelessness , and public drug
In 2020 and 2021, mortgage lenders slashed their rates to drum up business in the wake of economic turmoil fueled by the pandemic. But by mid-2022, when my good friend had started to look for a house to buy, mortgage rates were already much higher. That summer, borrowers who needed a 30-year mortgage loan were
A 47-year-old real estate investor from Orange, New Jersey, has been sentenced to time already served — totaling 20 months — for his involvement in a mortgage fraud conspiracy, Cabral Simpson had pleaded guilty to one count of conspiracy to commit wire fraud, according to a press release from the U.S. Attorney’s Office. According to
The Social Housing and Mortgage Finance Fund reported that banks provided EGP 63.729bn to 529,520 customers as part of the low-income real estate financing initiative in 2023. According to a recent report by the Fund, NBE topped the banks participating in that initiative with a share of 26.1%, as it provided financing worth EGP 17.254bn
Detroit Golf Club, Detroit, MI — January 13, 2024 The Rocket Giving Fund has announced that the 2023 Rocket Mortgage Classic raised $1.61 million to support local Detroit nonprofits. Connect 313, a collaborative partnership focused on bridging Detroit’s digital divide that was founded at the 2020 Rocket Mortgage Classic, will receive $581,400 of the proceeds.
Today’s mortgage rates Average mortgage rates edged moderately lower yesterday. That meant they ended yesterday lower than they were a week earlier. Indeed, they’re at their lowest so far this month. Mortgage rates might fall modestly again next week. But that prediction could be spoiled if Wednesday’s retail sales data turn out to be particularly