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Vacation-Home Buyers Retreat Amid Soaring Interest Rates
Benzinga via AOL· 6 days agoMortgage applications for vacation properties plummeted 40% in 2023, according to a Redfin report...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 day agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
The High-Class Problem That Comes With Home Equity
New York Times· 5 days agoYou may feel richer as you pay your mortgage down and home values go up. Saving for retirement, on the other hand, is not mandatory. A retirement account...
China to Let Local Governments Buy Homes, Cut Mortgage Rates to Revive Property Sector
US News & World Report· 7 days agoChina will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements ...
Maxed-Out Borrowers Face Rising Delinquency Rates Amid High Interest Rates, New York Fed Reports
Benzinga via Yahoo Finance· 6 days agoThe New York Fed‘s latest findings depict a troubling scenario of American household debt, with...
Hunt hit by inflation ‘miss’ and benefits bill
Evening Standard via Yahoo Finance· 2 days agoEven...are the chances of a cut judged to be higher than 50%. A rate cut is now only fully priced in for November. ...will come as a blow to home owners...
Should I use a home equity loan to buy a car?
Bankrate via AOL· 6 days agoIt determines not only how much you can borrow, but also influences the interest rate you’re offered. So, conceivably, if you’re “equity-rich,” it might...
With Labour 20 points in front, the Tories will need a remarkable turnaround to win the election
Evening Standard via Yahoo News· 17 hours agoFinally, Sunak will cling to the belief that better economic news revives support for the incumbent...
AP Business SummaryBrief at 9:58 p.m. EDT
Bozeman Daily Chronicle· 1 day agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 2 days ago1544 ET – SPDR Gold shares are down 0.1%, inching lower after underlying gold fell 0.5% to $2,421.70 per troy ounce. 1331 ET – Canadian mortgages are...
