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More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 6 days agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
So, where is the recession?
Orange County Register· 9 hours agoWhenever the interest rate spread between the long 10-year T-Bond and the short 90-day T-Bill has turned negative, it has invariably been followed by a...
Daily mortgage rates for May 6, 2024: Steady rates
USA Today· 6 days agoThe average rate on a 30-year jumbo mortgage is 7.54%. The average mortgage rate for 30-year fixed loans stayed the ...
Today’s Mortgage Rates for May 10, 2024: Rates Up
Market Watch· 2 days agoMortgage rates continue to remain stubbornly above 7%. Today’s 30-year fixed rate is 7.47% APR, according to data from Curinos analyzed by MarketWatch Guides ...
UK interest rates expected to stay at 16-year high
BBC via Yahoo Finance· 4 days agoThe Bank's base interest rate dictates the rates set by high street banks and lenders. The higher level has meant people are paying more to borrow money...
What's next for investors as central banks continue to hold rates
Financial Post via Yahoo Finance· 6 hours agoI don’t expect a cut until sometime in the fourth quarter.” The Bank of Canada also held its rate at...
Bad news for UK as 'lacklustre' economy growth will take time to benefit Brits
Daily Express· 6 hours agoThe UK economy may have returned to growth but it could be some time before people see the effects...
Interest rates: Andrew Bailey hints at when 5.25% could finally come down
Daily Express· 3 days agoBank of England Governor Andrew Bailey has hinted that interest rates could finally come down from...
Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
Associated Press via AOL· 3 days agoThe average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for...
A Way to Beat High Mortgage Rates? Take Over Someone Else’s Loan.
The New York Times via Yahoo News· 3 days agoHome prices were already high when Ellen Harper, a software architect living in Atlanta, started...