Mortgage Calculator: Here’s How Much You Need To Buy a $430K Home at a 6.49% Rate
Mortgage rates edged slightly higher this week, with the average rate on 30-year fixed home loans advancing to 6.49% for the week ending June 25, according to Freddie Mac. This minor 2-basis-point increase from last week’s 6.47% shows continued narrow fluctuations in borrowing costs as the summer ma
Oklahoma Accuses State Farm of ‘Corporate Scheme’ To Deny Claims for Tornado Damage
Oklahoma Attorney General Gentner Drummond has accused insurance giant State Farm of conducting a coordinated "corporate scheme" to deny homeowner claims for wind and hail damage. In a statement to Realtor.com®, State Farm denied the allegation and said it believes Drummond's claims are "politically
The Rules That Once Helped Americans Buy Homes Now Risk Leaving Them in the Red
There’s no shortage of rules in real estate. But baked into these maxims are economic assumptions that no longer hold up in today’s market. “The core problem is the interaction of three things happening simultaneously,” explains Hannah Jones, senior economist at Realtor.com®, pointing to high mortga
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