Browsing Tag:Reports

california-housing-affordability-improves-in-third-quarter-2021-as-mortgage-charges-stay-low-whereas-costs-start-leveling-off-c-a-r-stories-mariposa-county-minimal-qualifying-revenue-76
24 percent of California households could afford to buy the house at an average price of $ 814,580 in the third quarter of 2021, up from 23 percent in the second quarter of 2021, but less than 28 percent in the third quarter of 2020.A minimum annual income of $ 148,400 was required to make monthly payments of $...
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freddie-mac-studies-small-adjustments-in-mortgage-charges
Freddie Mac's primary mortgage market survey results show that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent."As the economy works to return to its pre-pandemic self and the battle against COVID-19 variants unfolds, owners and buyers continue to enjoy some of the lowest mortgage rates ever," said Sam Khater, chief economist at Freddie Mac. "Mainly due to the...
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