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A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.
Understanding Mortgage Rates: What Homebuyers Need to Know. When it comes to buying a home, one of the most critical factors to consider is the mortgage rate.
Mortgage rates fell last week to the lowest level since April, leading current homeowners to seek savings Homebuyers, however, were less driven by the drop in rates. IE 11 is not supported.
That incredible lack of affordability nudged California prices lower. The median was off 1% since May 2024 – the first ...
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