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Current Mortgage Rates – Mortgage Interest Rates Today

What are today’s mortgage rates? The average 30-year fixed mortgage rate rose to 3.88% from 3.77% a week ago. The 15-year fixed mortgage rate rose to 3.13% from 2.96% from a week ago.   Additional mortgage rates can be found in the chart and graph below.   What is a mortgage interest rate? Lenders charge interest on a mortgage […]

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Two Big Myths in the Homebuying Process

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals:   “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.”   Unfortunately, the myths surrounding the […]

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Stock Market Today: Trading Halt; Retail Folds as Apple Closes Up

Is this anyway to start the week? Just seconds after trading began in the stock market today, stocks went limit down as the S&P 500 fell more than 7%. It triggered a 15-minute trading halt as a result. So far, the trading halts have seemed to calm investors to some degree, as the selling has not escalated […]

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10 Quality Stocks That Are Priced at a ‘Steal’ Right Now

The S&P 500 was climbing Tuesday morning but still deep into a bear market and priced about 13.5 times one-year forward earnings. That is much lower than the five-year average of 17 times, not to mention the recent high marks that exceeded 19 times. Amid the broader market turbulence, analysts at Jefferies Research find one group of stocks […]

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Three Reasons Why This Is Not a Housing Crisis

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any […]

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8 Reasons Why Living in Las Vegas is Awesome

What’s the first thing that pops into your head when you hear Las Vegas? Entertainment and a loose, anything-goes mentality likely come to mind. But, behind the neon lights and the sound of dice rolling on the table, Las Vegas has a much more nuanced personality that attracts many for a short visit and persuades […]

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Home Prices Break Record While Supply Keeps Shrinking

Existing local home prices finally broke their all-time record, while the housing supply keeps shrinking. So says a recent report by Las Vegas Realtors. LVR (formerly known as the Greater Las Vegas Association of Realtors) reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during February […]

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Equity Gain Growing in Nearly Every State

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]

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