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A stronger jobs report and global trade uncertainty pushed mortgage rates higher. More buyers are considering adjustable-rate loans.
Homeowners can tap equity soon after buying if they have 15% to 20% equity. The best rates go to those with more equity, strong credit and low debt.
Rates on 30-year mortgages ticked up to 6.72% from 6.67% last week, while 15-year mortgage rates rose to 5.86% from 5.80%, mortgage buyer Freddie Mac said.
Kitchen, bath and living room remodels top the list as homeowners shift toward privacy and away from open floor plans post-pandemic.
Fannie and Freddie will now accept VantageScore 4.0, a move that could help more buyers qualify by including rent, utility and telecom payments in scores.
Investors purchased 265,000 homes in the January-March quarter, an increase of 1.2% from the same period a year earlier, a new report found.
Researchers lowered their Atlantic hurricane forecast to 16 named storms, 8 hurricanes and 3 major storms, citing slightly cooler sea temps.
Tips to reignite interest in properties that have been on the market too long—and go from stuck to sold!
Renters with pets are on the rise, and new research shows listings that welcome them rent at least eight days faster.