Discover the Impending Surge: Mortgage Rate Nears 8% Mark

Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images The average rate on the popular 30-year fixed mortgage surged to 7.72% on Tuesday, as reported by Mortgage News Daily. …

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Tornadoes in the U.S.: Unprecedented destructiveness on the rise

May 22, 2011: The Day Joplin, Missouri Was Changed Forever It was a picturesque day in Joplin, Missouri on May 22, 2011. Families and friends were enjoying the outdoors, oblivious to the impending disaster. But then, everything changed. The sky darkened, and the clouds started to swirl. Troy Bolander, a Kansas native, recognized the ominous …

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Unveiling the Rise in Mortgage Application Rejections Caused by Income – Insights and Solutions

Are you struggling to secure a mortgage due to high home prices and interest rates? You’re not alone. According to a recent report by the Consumer Financial Protection Bureau (CFPB), lenders denied loan applications because of “insufficient income” more frequently than ever before. In fact, 9.1% of all home purchase applications were denied in 2022, …

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Unveiling Manhattan’s Exclusive and High-demand Luxury Apartments That Are Pushing Prices to the Limit

Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images A shortage of luxury apartments in Manhattan is driving up prices in the top-tier market segment, despite a slowdown in overall apartment sales and prices due to increasing mortgage …

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The Role of Empathy in Politics: Eradicating Violent Demonization

Both the far right and far left converge in a shared goal of protesting the perceived guilt of others for their own social alienation. In today’s world, the remnants of past conflicts still linger beneath the passage of time. The degradation of others serves as a clear signal of the increasing madness within humanity. – …

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Critical Situation: Hotel-Turned-Homeless Shelter with Unoccupied Rooms Draws Attention as People Battle Harsh Cold Conditions

The Dartmouth, N.S. hotel-turned-homeless shelter known as ‘The Bridge’ has been operating for several months now. It is the largest facility of its kind in the province. However, a staffing shortage on the designated health floor means some rooms remain empty. “There are currently seven clients living on the health floor, and the challenge right …

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August sees a decline in new home sales

Sales of newly built homes in August experienced an 8.7% decline from July, resulting in a seasonally adjusted annualized pace of 675,000 units, as reported by the U.S. Census Bureau. These figures indicate the slowest pace since March, although sales were still 5.8% higher compared to August 2022. The Census Bureau counts are based on …

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