Author: badmortgage
Fears about corporate debt are rising, but high-yield bonds should prove resilient.
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.44%, according to the Mortgage Research Center. On a 15-year fixed mortgage, the average rate is 5.59%, and the average rate on a 30-year jumbo mortgage is 6.83%. 30-Year Mortgage Rates Drop 0.19 Percentage Points Today
Auburn The Auburn Planning Board is weighing whether to accept Nancy Drive as a public way, a move that would shift responsibility for maintenance and potential upgrades to the Town of Auburn. During its March 10 meeting, board members raised concerns about the condition of the roadway and the lack of core sampling to assess its structural integrity, noting the Town could face paving costs if the road does not meet standards. Bellingham LPG Ventures, a Milford-based entity affiliated with Integra Network Services, purchased a property at 115 Mendon St. featuring a 13,000-square-foot office building for $1.85 million from Victory…
JPMorgan chief raises alarm on weakening lending standards in annual shareholder letter
Mortgage rates for 30-year fixed loans have reversed course and are down a quarter point in the past five days. According to the Zillow lender marketplace, the average 30-year fixed mortgage rate is 6.22%. The 15-year fixed rate is 5.72%. Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.22% 20-year fixed: 6.23% 15-year fixed: 5.72% 5/1 ARM: 6.27% 7/1 ARM: 6.24% 30-year VA: 5.90% 15-year VA: 5.56% 5/1 VA: 5.42% Remember, these are the national averages and rounded to the nearest hundredth. Discover 8 strategies for getting the lowest mortgage rates. These are today’s…
30-year fixed refinance mortgage rates remained unchanged at 6.49% today, according to the Mortgage Research Center. Rates averaged 5.57% for a 15-year financed mortgage and 6.37% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Drop 0.
VICI Properties Inc. recently expanded its role in the One Beverly Hills project by providing a US$1.50 billion mezzanine loan behind a US$2.80 billion senior facility and agreed to acquire casino and hotel real estate in Alberta that will be folded into its existing triple-net master lease with PURE. Together, these moves deepen VICI’s exposure to high-end experiential real estate while extending long-term, inflation-linked rental streams from both U.S. luxury mixed-use and Canadian gaming assets. We’ll now examine how VICI’s larger mezzanine role at One Beverly Hills reshapes its investment narrative around experiential real estate growth. The best AI stocks today may…
PowerSchool is one of roughly 29 irritating software applications that require me to come up with a new password every few months in order to prevent my kids from getting disenrolled from some vital recreational activity or developmental rite of passage. It is also one of several hundred software companies whose high-interest loans are held by a private credit fund that just suspended redemptions last week, about which more in a moment. My kids’ elementary school doesn’t use PowerSchool, which was originally developed in 1997 and acquired four years later by Apple, for much these days, though it remains the…
The current average refinance rate on a 30-year, fixed-rate home loan is 6.42 %, according to data from the popular real estate marketplace Zillow. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps to tap home equity, read on to see average refi interest rates for a variety of loan types and terms. You can also see the prior report here. Current refi rates data Note that Fortune reviewed the most recent Zillow data available as of April 3. How mortgage refinancing works A mortgage refinance essentially pays off your existing home loan with a…
Habitat St. Johns held its March 2026 Women Build event. Check it outHabitat for Humanity of St. Johns County held its most recent Women Build event on March 6-7, 2026.St. Augustine’s St. Johns Housing Partnership received $550,000 from the Community Foundation for Northeast Florida as part of a $1.9 million investment in low-cost loans to help create and preserve affordable housing in Northeast Florida.The loan to the St. Johns Housing Partnership will help preserve and rehabilitate 16 single-family rental properties serving low-income families in St. Johns County.The foundation’s Local Capital Pool supplied the money, adding to its already $7 million…