Industry News

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash

Many homeowners are still haunted by the 2008 housing crash when property values collapsed, and foreclosures spiked. The memory of sudden catastrophe at a time when the real estate market had been riding high may help explain why 41% of Americans say they now fear a...

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Mortgage Rates Fall to 5.3%, Continuing Volatile Stretch

Mortgage Rates Fall to 5.3%, Continuing Volatile Stretch

Mortgage rates fell after rising for two straight weeks, another indication that recession concerns are impacting the U.S. housing market. The average rate on a 30-year fixed-rate mortgage dropped to 5.3%, mortgage-finance giant Freddie Mac said Thursday. That is down...

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