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S&P 500 closes lower after record high, weighed by chips stocks, economic data
Reuters via Yahoo Finance· 22 hours ago(Reuters) -The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia retreated...
Canada’s Housing Starts Rose 10% In May By Baystreet.ca
Investing.com· 3 days agoCanada’s annual pace of housing starts rose 10% in May from April this year as expectations grow for...
Highest Mortgage Rates Since Late 2023 Dampen California Home Sales; California May 2024 Median Home...
Sierra Sun Times· 2 days agoJune 19, 2024 - LOS ANGELES – Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual ...
Posthaste: 4 interest rate cuts expected this year likely won't boost Canadian economy, RBC says
Financial Post via Yahoo Finance· 7 days ago“We assume another 75 basis points of BoC cuts this year, but that will still leave the level of ...
UK inflation drops to Bank of England's 2% target
Yahoo Finance UK· 2 days agoSlowing inflation is likely to be well-received by homeowners and buyers pinning their hopes on a summer interest rate cut. "Mortgage ...
Housing market may hit 'breaking point,' economist warns
Newsweek· 4 days agoHigh borrowing costs for home loans and rising home prices have made homebuying out of reach for...
Everyday Economics: The countdown to rate cuts has begun, for real this time
The Center Square· 4 days agoAfter a blockbuster jobs report cast doubt over Federal Reserve rate cuts and pushed Treasury yields...
How to avoid the financial misery that comes with too much mortgage
Financial Post via Yahoo Finance· 7 days agoSignificant payment hikes at renewal, or on a floating-rate mortgage, if rates turn back up. This...
New home construction rose while home sales came down in May
CBC via Yahoo Finance· 4 days agoThe annual rate of new home construction was up in May, while home sales were slightly down,...
Current National Refinance Rates: June 14, 2024—Rates Decrease
Forbes· 7 days agoThe rate on a 30-year fixed refinance slipped today. The current 30-year, fixed-rate mortgage...
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related to: Mortgage Interest Rates and Basis PointsHighest Satisfaction for Mortgage Origination, 2010-2017 - J.D. Power