Real Estate News Feed
Housing Inventory Up For 2nd Week
Mon, 26 Sep 2022 14:59:02 GMT
Active inventory increased for the 2nd consecutive week, increasing 0.9% last week, and hitting a new peak for the year.
Cheapest Gas In OC Pops Up To $4.84/gal
Mon, 26 Sep 2022 14:57:44 GMT
The cheapest gas in Orange County popped up today and is now $4.84/gal and can be found at Moshen in Westminster. Gas can be found for $4.89/gal at 7-Eleven in Westminster, Anthem Oil in Garden Grove and Orange, and World in Anaheim and Fullerton.
Benchmark Rate Rarely Offered
Fri, 23 Sep 2022 14:50:44 GMT
House hunters have been encountering mortgage rates above 6% as far back as June. They might wonder why that's only now reflected in the widely reported benchmark national average, which comes from a weekly survey from Freddie Mac.
Middle-Income Hit Hardest
Fri, 23 Sep 2022 14:50:00 GMT
Middle-income households in 2022 have seen inflation eat into a greater share of their incomes compared with low- and high-income households, according to a report released Thursday by the nonpartisan Congressional Budget Office.
Metro Fuel Still Offers Gas For $4.79
Fri, 23 Sep 2022 14:49:11 GMT
The cheapest gas in Orange County remains at $4.79/gal and can be found at Metro Fuel in Placentia. The cheapest gas in Orange is $5.29/gal at Anthem Oil on Lincoln Ave.
Mortgage Rates Leap Higher
Thu, 22 Sep 2022 14:43:32 GMT
Freddie Mac reports 30-year fixed-rate mortgage averaged 6.29 percent with an average 0.9 point as of September 22, 2022, up from last week when it averaged 6.02 percent. A year ago at this time, the 30-year FRM averaged 2.88 percent.