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Federal Reserve Declines to Cut Interest Rates, Cites Continued Inflation - Banker & Tradesman
Banker & Tradesman· 19 hours agoFederal Reserve Chair Jerome Powell speaks during a moderated discussion with Kai Ryssdal at the...
Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
Yahoo Personal Finance· 13 hours agoThese days, ARMs represent a small fraction of mortgage applications. For instance, an April ...
Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief’...
Market Watch· 18 hours agoMortgage rates rose for the fifth week in a row, as the Federal Reserve holds interest rates steady....
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 18 hours agoThe share of ARMs made up nearly 8% of total applications for the week ending April 26, the Mortgage...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 14 hours agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via Yahoo Finance· 1 day agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...
Buying a new home becomes even more expensive for borrowers
Eyewitness News 3 Hartford· 11 hours agoThe average rate on a 30-year mortgage climbed this week to its highest level in more than five...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 2 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers ...
Mortgage rates move higher as Fed takes no action
Bankrate via AOL· 2 days ago“Inflation remains stubbornly high, and this trend is convincing markets that rates, including mortgage rates, are going to stay higher for longer,” says...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 2 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage ...