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How Long Will Interest Rates Stay High?
GoBankingRates via AOL· 2 hours agoThe reduction predicted for this year will depend on whether the Federal Reserve reduces the federal funds rate. Fed Chairman Jerome Powell has suggested...
Zero-down mortgages are making a comeback
CNN Business via Yahoo Finance· 3 days agoHome prices are at record highs and demand is so strong that some homes are selling above asking price after all-cash bidding wars. Still, another...
Mortgage Payment Surge Looms For Homeowners As Rate Hikes Bite
Benzinga via Yahoo Finance· 2 days agoHomeowners with adjustable-rate mortgages (ARMs) are bracing for an increase in their monthly...
The Fed Needs Higher Unemployment and a Housing Market Crash to Beat Inflation
InvestorPlace· 2 days agoIndex, which measures 20 metropolitan regions, home prices appreciated 7.4% year over year in March...
How Americans view the economy depends on whether they rent or own
Yahoo Finance· 7 days agoThe growing divide has complicated the Fed’s efforts to bring down inflation, with homeowners...
A new American Dream? With home prices out of reach, 'build-to-rent' communities take off
USA TODAY via Yahoo Finance· 2 hours ago“If...data. That's up 6% from March but down roughly 25% from April 2022 ‒ one month after the...
The Fed Won’t Cut Rates This Year
Barrons.com· 2 days agoAs a result of that period, millions of homeowners are sitting with 30-year mortgages fixed at rates below 4%. Corporations likewise took the opportunity...
Chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic turnaround’
Fortune via Yahoo Finance· 4 days agoHousing is more challenging for the Fed to control because it can’t necessarily build more homes,...
Today's mortgage rates fall for 30-year terms while 15-year terms hold steady | May 31, 2024
FOX Business· 2 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.000% as of May 31, which is 0.125 percentage...
US Economy News Today: Fed's Kashkari Sees Interest Rates at Current Levels for ‘Indefinite’ Period
Investopedia· 5 days agoMinneapolis Federal Reserve President Neel Kashkari doesn’t how long the fed funds rate will need to...