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Mortgage rates back up over 7%, another hit to weary would-be homebuyers
WJLA· 5 days agoFreddie Mac said Thursday that the national average was 7.17%. Bankrate’s survey of lenders shows...
Lloyds profits hit by rush of homeowners refinancing mortgages
The Telegraph via Yahoo Finance· 6 days agoRevenues were £4.5bn Charlie...Lloyds, which owns Halifax, is one of the UK’s largest mortgage...
FTSE 100 closes at fresh record high amid warning over rate cuts
Daily Telegraph· 7 days agoInterest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as...
It’s still a golden age of homebuilding, according to one top real estate CEO. Here’s why
AOL· 4 days agoHoward Hughes’ chief executive called this year the golden age of homebuilding about four months ago—and he hasn’t changed his tune despite the recent resurgence in mortgage
Average long-term U.S. mortgage rate climbs above 7% to highest level since late November
Newsday· 5 days agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
America’s Frustrating Search for a Soft Economic Landing | by Michael R. Strain - Project Syndicate
Project Syndicate· 34 minutes agoIn the first quarter of 2024, GDP in the United States grew at an annual rate of 1.6% – nearly a...
Goldman Sachs revamps Fed interest-rate bets for 2024 after surprises
TheStreet via Yahoo Finance· 6 days agoHigh rates...implications for you. On the pros side of the ledger, they mean more interest income...
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
Pioneer Press· 5 days agoThe average long-term U.S. mortgage rate climbed this week to its highest level since late November,...
The Federal Reserve Won’t Budge on High Interest Rates: How To Turn This Unfavorable Decision to...
GOBankingRates via Yahoo Finance· 5 days agoThe Federal Open Market Committee meeting on May 1, 2024, represents another opportunity for the...
US new home sales rebound to six-month high; rising mortgage rates a concern By Reuters
Investing.com· 7 days agoSales of new U.S. single-family homes rebounded in March from February's downwardly revised level,...