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In the news this week, mortgage rates continued to fall, and we explored the cash buyer trend, checked in on the status of a proposed $25,000 homebuyer grant and more.
Mortgage rates again move lower
Mortgage rates continue to decrease, with the 30-year fixed-rate average ticking back towards 7 percent this week. Here’s why.
More than a third of real estate deals are all-cash
Unaffected by mortgage rates, cash purchases are making up a growing percentage of real estate transactions, according to a recent analysis.
What happened to Biden’s $25,000 homebuyer grant?
The proposed Downpayment Toward Equity Act would provide up to $25,000 in grant money to first-generation, first-time homebuyers. What’s the status of the bill now?
The high cost of tapping your equity
The average home equity line of credit (HELOC) rate currently sits higher than 10 percent. This week, we asked: Are home equity loans even a good idea anymore?
Should you ever waive a home inspection?
It’s still a seller’s market in many areas, but that doesn’t mean you have to take chances on the home inspection. Here are ways to strengthen your offer without waiving this important step.