#mortgage #recordlows Mortgage rates in the US dropped to another record low, adding fuel to a housing market that’s been a Key source of strength for the virus chaos economy. The average for a 30-yr, fixed loan was 2.86%, down from 2.93% last week and the lowest in almost 50 yrs of data-keeping by Freddie […]
$DIA $SPY $QQQ $RUTX $VXX The US homeownership rate rose to a 6-year high in Q-4, led by gains among young people and low-income Americans. The nationwide rate was 65.1%, the biggest since the end of Y 2013, according to a US Census Bureau report Thursday. It was the 2nd straight increase, climbing from 64.8% in the […]
Home Ownership is Out of Reach for Majority of Californians Less than 33% of California residents earn enough money to afford the cost of a Golden State home. Lower interest rates failed to offset strong seasonal price increases, making it harder for Californians to purchase a home in Q-2 of Y 2016, the California Association […]