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Possible mortgage crisis looms for millions
WPIX New York City, NY via Yahoo Finance· 17 hours agomortgages. About 1.7 million homes were bought in 2019 using ARMs. Many were “5/1” loans: five years of a lower fixed interest rate, ...
Why mortgage rates are doomed to stay above 7% for the foreseeable future
Business Insider via Yahoo Finance· 4 days agoYet, the 30-year mortgage rate has been stuck around 7% all year. Freddie Mac and Fannie Mae say...
UK house prices return to growth after wobble, lender Nationwide says
Reuters· 3 hours agoCompared with May last year, prices were 1.3% higher, a bigger increase...gain. "The market appears...
Nationwide sees higher wages give a small Spring boost to property market
Evening Standard via Yahoo Finance· 2 hours agoThat increased the annual rate of increase from 0.6% to 1.3%. Nationwide’s chief economist...
Savings interest rates today: Trade in simple savings for higher APYs and faster growth — May 30,...
AOL· 22 hours agoThis Fed rate is the benchmark that affects interest rates set for deposit accounts, loans, ...
Florida mortgages are more expensive than most
Newsweek· 19 hours agoThe MBA measured mortgage payments plus interest on loans in relation to income to understand how affordable purchasing a home is in different parts of...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 7 days agoWith mortgage rates trending up and home prices still climbing, more borrowers are looking to adjustable-rate mortgages. Adjustable-& ...
Today’s Mortgage Rates for May 29, 2024: Rates Up
Market Watch· 2 days agoFor more details on how we compile daily mortgage data, check out our methodology here. While mortgage rates are still relatively high, there are some encouraging ...
Eurozone Inflation Rises as ECB Mulls Rate Cuts
The Wall Street Journal· 30 minutes agoEurozone inflation picked up in May as prices of services rose more rapidly, but that is unlikely to deter the European Central Bank from proceeding with...
The Fed indicated rates will remain higher for longer. What does that mean for you?
Stamford Advocate· 2 days agoCredit card rates are at or near all-time peaks, and mortgage rates have more than doubled in recent...
