Where We Live 5 April 2018

Mortgage rates ease for second consecutive week, third time since January

Mortgages rates dropped for the second week in a row and just the third time this year. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slid to 4.40 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) […]

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Study: Despite lagging wage growth, homes are more affordable now than in the past

Anyone looking at rising housing prices — especially people who would like to buy their first home now — would assume that houses are less affordable than ever before. Home prices have been rising faster than wages for years. But researchers at Trulia, an online residential real estate site, found that mortgage rates have a […]

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