Mortgage Rates Just Hit Their Highest Point This Year: Is It a Blip or a Housing Death Blow?
Photo-Illustration by Realtor.com; Source: Getty ImagesMortgage rates just jumped to their highest level of the year, averaging 6.81% for a 30-year fixed-rate home loan as of July 6, according to Freddie Mac.That’s a significant leap from last week’s 6.71%—and more than double the rate that homebuye
Imagine Dragons Bassist Ben McKee Finds a Buyer for His Las Vegas Home
Sergione Infuso/Corbis via Getty Images / Realtor.comBen McKee, bass player in the band Imagine Dragons, has landed a buyer for his Las Vegas home. The place hit the market in May for $995,000 and is currently under contract. It was previously sold in 2018 for $730,000.The three-bedroom, four-bath,
Rates Overshadow Drop in U.S. Home Prices
According to the Mortgage Bankers Association, the median monthly mortgage payment for a purchase loan rose to an all-time high of $2,165 in May.
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