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Boomers, here’s your 5-point plan to fight back against low savings interest rates
...S. is 0.05 percent annual percentage yield (APY), according to the FDIC. That compares with several other online banks on the market that offer around 0.70 percent APY. It might not seem like......

Today’s 30 Year Mortgage Rates, October 26, 2020 | Rates move down
...include information about every financial or credit product or service. 30-year fixed mortgage rates The average rate for a 30-year fixed-rate mortgage is 3.03 percent, declining 1 basis......

Today’s Mortgage Rates, October 26, 2020 | Rates decline
Several key mortgage rates slid lower today. The average for a 30-year fixed-rate mortgage slid down, but the average rate on a 15-year fixed moved higher. The average rate on 5/1 adjustable-rate......

Demand Is Rising For Properties In Vacation Home Markets
...Florida; Lake Tahoe, Nevada; Cape Cod, Massachusetts, and Park City, Utah. Newly pending home sales are also climbing in many of these vacation markets, with 90 percent of the markets experiencing......

Mortgage and real estate news this week: The end of the refinance boom?
...that was. 1. Is the refi boom winding down? The aforementioned low mortgage rates have driven a historic boom in refinancing. Homeowners have flooded lenders with applications to lower their......

State Employment Monitor: Job Growth in 41 States in September 2020 But Still Below Pre-Pandemic Levels
...states had job gains in real estate, rental, and leasing While the housing market is roaring, with the annualized existing home sales hitting 6.54 million in September, net non-farm payroll......

September 2020 Existing Home Sales Rise to 6.5 Million
NAR released a summary of existing-home sales data showing that housing market activity this September rose 9.4% from August 2020. September’s existing-home sales reached a 6.54 million seasonally......

Paying off the mortgage won’t maximize your investment returns — but it sure feels good
...home equity is a readily available source of cheap debt, especially with mortgage rates at record lows. The idea: Borrow against your home at 3 percent, then reap more than 3 percent from your......

Maine home sales jump 23% as out-of-state buyers increase
...Masiello Group in Brunswick. Cole said demand is driven by historically low mortgage rates "combined with the allure of Maine's quality of life and response to COVID-19 from across the country......