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In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
Mid-year: A total of 613,874 properties received foreclosure notices during the first half of the year, a 19 percent decrease over the previous six months, and 23 percent down from the same period in 2013. 0.47 percent of all households were in some stage of foreclosure during the first half of 2014. [111]
House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [ 78 ] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...
In many regions a real estate bubble, it was the impetus for the subprime mortgage crisis. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2011. [3] On December 30, 2008, the Case–Shiller home price index reported the largest price drop in its history. [4]
Freddie Mac reports an average 6.60% for a 30-year fixed-rate mortgage, down 9 basis points from last week's average 6.69%, according to its weekly Prime Mortgage Market Survey of nationwide ...
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 12 days ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
Law and crime After an eight-year informal moratorium on the death penalty, Jordan executes 11 men. (Al Jazeera) China has detained more than thirty thousand people within two months for pornography and gambling. (Reuters) Politics and elections Beji Caid Essebsi of the secularist Nidaa Tounes party wins Tunisia's presidential election. (Al Arabiya English) Month December 2014 Previous day ...
Freddie Mac reports an average 6.81% for a 30-year fixed-rate mortgage, down 3 basis points from last week's average 6.84%, according to its weekly Prime Mortgage Market Survey of nationwide ...