Low Levels of NH Foreclosures Expected to Continue – for Now
New Hampshire’s super-low foreclosure rate is bucking the national trend – so far. According to Attom, a real estate analytics firm, U.S. foreclosure activity in August was up by 18 percent compared to the year prior, with 35,697 properties hit by default notices,...Profit Margin on Flips Drops to 17-Year Low
It pays less and less to buy and flip a home these days. From April through June, the typical American home flipped by an investor resulted in a 25.1 percent return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008,...
Homebuyers Cool as Fall Market Opens
Many New Hampshire homebuyers appear to have hit an affordability limit as real estate prices continue to soar across most of the state. New data and anecdotes from real estate agents suggest buyers have become more cautious about what they will and won’t pay for...How the Fed’s Rate Cut Impacts Mortgage Rates
Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year,...When Does Refinancing Make Sense?
Homeowners eager for mortgage rates to dip so they can refinance their places may have to wait quite a bit longer. A study from Neighbors Bank said folks whose current loans are in the 6.5 percent to 7 percent range would have to wait for rates to drop by at least...This Week’s Paper: Digital Edition
