Tag: Home Buying
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What Happened Tuesday: A Quick Digest of Mortgage Rates and Market Movers
What Happened Tuesday: Mortgage Rates and Market Essentials Tuesday brought a steady rhythm to the mortgage market, with no changes to mortgage rates for the day. If you’re in the middle of a home purchase, refinancing, or weighing offers, here’s what mattered most and how to act on it before you sign off. Rate Snapshot:…
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Monday Mortgage Rates: Key Updates and What to Expect
What Happened Monday in Mortgage Rates If you were hoping for dramatic shifts in mortgage rates this Monday, you weren’t alone. In many markets, there were no changes to report today, with mortgage rates holding steady across the board. While this might feel less exciting than a sudden drop or uptick, stable rates provide a…
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What Happened Monday: Mortgage Rates Stagnate as Markets Weigh Inflation Signals
What happened Monday: A snapshot of mortgage rates and market signals If you’re in the middle of a home purchase, refinancing, or just keeping an eye on the market, Monday brought a familiar refrain: mortgage rates remained steady. While there was chatter about inflation, labor market data, and regional housing trends, the big headline for…
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Real Estate Tricks to Dodge Price Rules: Buyer Beware
Unpacking the issue: what it means to dodge price rules In real estate, price rules and sale timelines are designed to create fair competition and transparent pricing. Yet, reports and investigations often reveal methods some agents have used to circumvent these rules, sometimes leaving buyers and sellers unsure about what constitutes fair practice. Understanding these…
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Sharing Experiences: Navigating Australia’s Housing Market in 2025
Introduction: A Snapshot of the Australian Housing Landscape Many Australians are weighing the options between buying their first home and securing a stable, affordable rental. The housing market has shifted in recent years, with rising prices in major cities and fluctuating interest rates testing both prospective buyers and renters. For households at the outset of…
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What $636,500 buys you in regional Victoria in 2024/2025
Introduction: A snapshot of regional Victoria’s housing market New figures from the Real Estate Institute of Victoria (REIV) show a landmark in regional Victoria: the median house price has climbed to $636,500. For buyers eyeing regional towns and coastal corridors, that figure isn’t just a number—it’s a guide to what you can realistically secure in…
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UK Home-Buying Shake-Up Aims to Make Process Cheaper, Quicker and Easier
Overview of the proposed reforms A government-led consultation is examining a major shake-up of the house-buying process designed to make it cheaper, faster and easier for buyers. The package could trim about a month from the typical journey to moving home and save first-time buyers around £710 on average. It also considers extending more upfront…
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Home Mortgage Demand Surges as Rates Drop to 6.35%
Introduction to Surge in Mortgage Demand Recent data from Freddie Mac has revealed a significant shift in the home mortgage landscape, as the average interest rate for a 30-year fixed-rate mortgage has dropped to an enticing 6.35%. This marks the largest weekly decline in mortgage rates observed over the past year, stirring excitement among potential…