Mortgage rates continue falling after Federal Reserve cuts interest rates [Video]

Post author By Curator
Post date September 20, 2024

Mortgage rates are falling after the Federal Reserve announced a cut in interest rates on Wednesday.”I think as we normalize rates, the housing market will normalize,” said Federal Reserve Chair Jerome Powell.President Joe Biden called the rate cut a sign of economic progress.”I think it’s good news for consumers. It means the cost of buying a home, car, and so much more will be going down,” Biden said.The average rate for a 30-year mortgage has now fallen to 6.09%, the lowest level since February 2023, according to Freddie Mac.”It could allow more home buyers, especially first-time home buyers, to be able to enter into the market in coming months,” said Jessica Lautz of the National Association of Realtors.Housing experts note that existing home prices are at historic highs, but buyers can now expect significant savings compared to the high rates seen last year.”In an ideal scenario, someone putting 20% down, …

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Police warn of rising scams ahead of Thanksgiving [Video]

Post author By Curator
Post date September 20, 2024

As Thanksgiving approaches, scammers are ramping up their efforts. Police warn of funeral scams and urge consumers to report fraud to the FTC and local authorities.

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Durham programs steer youth away from life of crime: 'Positive light in this city' [Video]

Post author By Curator
Post date September 20, 2024

Amid the ongoing challenges with crime in the City of Durham, several youth programs are ensuring children are focused on their future.

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Hard Hat & Heels Women Build kickoff party Thursday [Video]

Post author By Curator
Post date September 20, 2024

Show your support of the Habitat for Humanity Women Build team by attending the Hard Hat & Heels Women Build kickoff party at 5:30 p.m. Thursday, April 25, at DelRay

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Steve Madden Announces Accelerating Production Move From China to U.S. Due to Trump-MAGA Win; Hamid Enayat on Shift from Biden-Harris Policies on Energy-Iran; Includes More MHVille Related FEA [Video]

Post author By Curator
Post date September 20, 2024

Steve Madden Announces Accelerating Production Move From China to U.S. Due to Trump-MAGA Win, Hamid Enayat on Shift from Biden-Harris Policies on Energy-Iran, Includes More MHVille Related FEA, Manufactured housing, manufactured home, transportation, fuel, affordable housing, foreign and domestic policy, Patrick Bet David, Mark Weiss, Danny Ghorbani, Manufactured Housing Association for Regulatory Reform, MHARR, praise for MHProNews/MHLivingNews, L. A. "Tony" Kovach, Patch contributor,

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