High prices still make it difficult to afford a home in many US markets Zillow is reporting this week that a limited U.S. housing inventory and rapid price appreciation have kept sellers firmly in the driver’s seat for several years as the United States recovered from the housing market collapse in 2008. Now, buyers are […]
The 4% Mortgage Is Back
Mortgage rates are fast approaching 4%, a rate low enough that economists and lenders believe it will help jump-start the housing market again. The average rate on a 30-year fixed mortgage fell to 4.06% this week, its lowest since January 2018, according to data released Thursday by Freddie Mac, the mortgage-finance giant. The rate was down nearly […]
PayPal Co-Founder Selling San Francisco Home for $7.25M
Patrick T. Fallon/Bloomberg via Getty Images PayPal co-founder Max Levchin has put his San Francisco home on the market for $7.25 million. The Ukrainian-born computer scientist purchased the luxury real estate in 2007 for $5,325,000. Not surprisingly, the online payment guru and his wife have a posh pad. Built in 2003, the multilevel home measures 3,049 square feet and […]
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