Rates Continue to Rise, But Job Growth Slows

  Mortgage rates increased for the seventh week in a row, rising 12 basis points according to the Freddie Mac Primary Mortgage Market Survey as of October 8th This rate is at a three-year high and marks the seventh consecutive weekly increase, pushing borrowing costs to their highest level since November 2023. Economists note that […]

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh