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How inflation effects economy and housing in northern Nevada
KOLO 8 Reno· 5 days agoRight now, the inflation rate is 3.4 %. Meadows Bank President Mike Hix says The Federal Reserve...
Mortgage rates top 7% — again
AOL· 5 days agoRates began to rise after Federal Reserve officials said last week they would trim benchmark rates only if inflation slows further and even floated the possibility of < ...
Home sales continue to increase in Fayette Co. How do they compare to the rest of KY?
Lexington Herald-Leader via Yahoo Finance· 19 hours agoWhen will mortgage interest rates go down? Mortgage rates are currently hovering around 7% and will...
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
CBC via Yahoo Finance· 6 days agoHigh interest rates and uncertainty over the centra
Fix or float is the big mortgage question as Bank of Canada rate cuts approach
Financial Post via Yahoo Finance· 4 days ago“With a rate cut — or two, if we have one in June or July and one in the fall — the improved...
Denmark has the solution to America's broken housing market
Business Insider via Yahoo Finance· 6 days agoIn that case, they would have to borrow only $400,000 instead of $500,000 to pay off the original...
Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...
Morningstar· 4 days agoThe median closing costs on a mortgage to buy a home were nearly $6,000 in 2022 - and the nation's top consumer watchdog says it's planning to do something about those charges ...
The Fed Won’t Cut Rates This Year
Barrons.com· 4 days agoBut we’re not there yet. Higher interest rates have dampened activity in housing and other rate-sensitive areas of the economy such as autos, but...
Your home’s worth more than ever. But is borrowing against it a good idea?
Bankrate via Yahoo Finance· 5 days agoThe rapid rise in mortgage rates means primary loans aren’t financially viable for many and, with...
Americans paid nearly $6,000 in junk fees to mortgage companies in one year. The federal government...
Market Watch· 4 days ago“Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs,”...