Home prices surged over 20% in March as interest rates also rose, according to S&P Case-Shiller

Rising mortgage rates did not slow down rising home prices in March. Nationally, home prices were 20.6% higher than they were in March 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is higher than the 20% gain in February. The index is a three-month running average ending in March. The average rate on the 30-year fixed mortgage stood at 3.29% at the start of January and ended March at 4.67%, according to Mortgage News Daily. The Case-Shiller 10-city composite rose 19.5% annually in March, up from 18.7%…

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Haryana govt to bear three months interest on education loans by students: CM Khattar

The Haryana government will bear three months interest on education loans taken by thousands of students in the state, Chief Minister M L Khattar announced here on Wednesday. “Haryana government will pay the interest of three months of all those students who are completing their education this year or who have already completed their education in the previous year, but have not been able to start their jobs or business due to this coronavirus pandemic. As many as 36,000 students will be benefitted,” he said in a televised address to…

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