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Local realtors see a surge in city dwellers moving to Wyoming

[County 10] Realtors have never been busier as city folk are flooding the housing market looking to move to the Wyoming countryside. Local real estate agencies like Homesource, Remax, and Gannett Reality’s work-life peaked around May this year, as more out-of-staters starting reaching out for housing opportunities. Now that the job market has shifted to […]

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Should You Break Your Mortgage to Get a Record-Low Rate?

[Kanetix Ltd.] Fixed mortgage rates continue to reach new depths. Some are now under 2.00% for the first time ever. That’s great news for new homebuyers or those with an upcoming mortgage renewal. It’s creating a dilemma, however, for those who are currently locked into a fixed term at a higher—in some cases a much higher—rate. Anyone […]

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U.S. Home-Mortgage Delinquencies Reach Highest Level Since 2011

[Bloomberg, Getty Images] U.S. home-mortgage delinquencies climbed in May to the highest level since November 2011 as the pandemic’s toll on personal finances deepened. The number of borrowers more than 30 days late swelled to 4.3 million, up 723,000 from the previous month, according to property information service Black Knight Inc. More than 8% of all […]

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Historical Data Shows Housing Market Will Boom After The 2020 Crisis, And So Will Bitcoin

[Forbes, Getty Images] Historical data from the late 1990s show a financial crisis is often followed with a steep increase in housing prices. If real estate grows in a similar manner as the 2000s, safe haven assets like gold and potentially Bitcoin may follow. The housing market is projected to see a steep sell-off in […]

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Mortgage rates almost drop to another record low

[MarketWatch] The housing sector is going through a major upheaval because of the coronavirus, but that won’t necessarily translate to lower mortgage rates. Mortgage rates remained near another record low for the third straight week. If a new low comes, it may not be because the U.S. housing market is struggling. The 30-year fixed-rate mortgage […]

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If Your Rent is More Than $1,200/Month, Make These 5 Moves

[The Penny Hoarder, Getty Images] If you’re paying more than $1,200 a month in rent by yourself, that means two things: It stinks to pay that much rent, and You’ve clearly got some income. Not everyone can afford that kind of rent. So you’re making money and living in a decent place. You’ve finally got a […]

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