State offers loans again to first-time homebuyers, with a catch
When the California Housing Finance Agency offered no-interest, no-monthly-payment loans last spring to help lower-income residents come up with a down-payment and fees to buy their first home, the entire…
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Rising mortgage rates squeeze Southern California homebuyers, depress sales – Press Enterprise
Buying a Southern California home became even more challenging in late summer, with shoppers contending with high prices, higher mortgage rates and continued competition for a limited number of properties…
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Home sales fell again in August as homebuyers grapple with rising costs – Orange County Register
By Alex Veiga | The Associated Press Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates, rising prices and…
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Homebuyers canceling purchases at highest rate in 10 months – Press Enterprise
By Natalie Wong | Bloomberg Home purchases across the US are getting canceled at the highest rate in almost a year as rising borrowing costs weigh on buyers. Nearly 60,000…
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