It’s been 88 days since the average 30yr fixed mortgage rate was as low as it is today–close enough to 3 months. Some lenders may be higher or lower than they were yesterday depending on whether or not changed rates yesterday afternoon. Mortgage lenders prefer to set rates once per day, but can “reprice” if […]
Mortgage Rates Hold Steady at 3 Month Lows Read More »
It’s a tough time to be a condo owner, particularly in Florida, and most especially if you’re trying to sell. That’s the upshot of a new report from Redfin. Condo prices dropped 2.2% year-over-year in May. That’s the second-sharpest decline since the brokerage began tracking condo data in 2012. While the broader housing market has
Condo prices drop year over year, led by Florida declines Read More »
Frank Gargano Kyle Hauptman, the president of the National Credit Union Administration, voted to liquidate two troubled credit unions, a move that has raised procedural questions since Hauptman alone does not constitute a quorum of the NCUA board. On Tuesday, the NCUA placed Aldersgate Federal Credit Union — a $10.3-million asset credit union operated by
NCUA’s one-member board liquidates two failed credit unions Read More »