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After six years of stability in interest rates, there are concerns that millions of people have grown used to low mortgage bills and will struggle to cope if costs start to rise. Gillian Guy, chief.
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The number of U.S. homeowners in negative equity is on the rise. also rose, following the moratoriums that had been in place in late 2010. In March, one out of every 1,000 homes was in foreclosure.
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6 days ago. Builder confidence for single-family homes rose 1 point to 66 in. Homebuilder sentiment, mortgage applications rise on low mortgage rates.
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Together with the recent rise in mortgage rates, home prices and a fall in borrowing rates made. of the housing recovery. The rate peaked.
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The Southern California median home price rose just 1.2% in June, a reflection of a. Although that price is a record, the modest rise indicates buyers aren't. its 2019 sales forecast, in large part because of falling mortgage rates.. usc lusk center for Real Estate, said today's tight lending standards will.