• Mortgage Rates Go Up—Right as the Housing Market Melts Down,Margaret Heidenry

    Mortgage Rates Go Up—Right as the Housing Market Melts Down

    Getty ImagesAs much of the country swelters under a heat dome, the housing market is experiencing its own meltdown.Mortgage rates jumped to 6.81% for a 30-year fixed-rate loan for the week ending July 27, according to Freddie Mac. That’s up from last week’s average rate of 6.78%. And the welcome run

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  • As Mortgage Rates Hit 7%, What Exact Interest Rate Will Convince Homeowners To Sell—and Boost House Sales?,Aarthi Swaminathan

    As Mortgage Rates Hit 7%, What Exact Interest Rate Will Convince Homeowners To Sell—and Boost House Sales?

    Getty ImagesHomeowner Marie Cantu, 35, lives just outside of Seattle, and has been looking to buy a single-family home outside of Boston to be closer to her family.The mom-of-five has been “seriously looking” for three-bedroom homes for the last six months. Cantu is hoping to rent her home in Washin

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  • White House Steps Up Renter Protections,kerrys

    White House Steps Up Renter Protections

    While properties under HUD may be directly affected, five federal agencies “strongly encourage” some changes, such as a public posting of renters’ rights.

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