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Wall Street slinks back from its records
The Washington Times· 8 hours agoU.S. stock indexes are pulling back from their records Wednesday as concerns about high interest rates add pressure on the market. The Dow Jones...
Housing experts revise mortgage rate forecasts for remainder of 2024
Yahoo Finance· 4 days agoNearly halfway through 2024, the highly anticipated interest rate cuts have yet to happen, home...
Today's mortgage interest rates: May 16, 2024
CNN.com· 7 days agoToday’s mortgage interest rates are dropping for the fifth consecutive day. The biggest mover is the 30-year fixed rate, which decreased by 15 basis...
Amid doubts, Fed officials kept disinflation faith at last meeting
Reuters via Yahoo Finance· 8 hours ago(Reuters) -Federal Reserve officials at their last policy meeting said they still had faith that...
Why Are Mortgage Rates Stuck at Such High Levels?
The Motley Fool via AOL· 9 hours agoSecondly, what adds to the rub for home buyers today is that just a few years ago, it was possible to sign... 2022, that same loan was averaging over 6%....
The big fly in the ointment that threatens to spoil Bailey’s party
The Telegraph via Yahoo Finance· 13 hours agoAny further from the goal and the Governor has to write a letter...2021, Bailey no longer has to...
Inflation may be cooling, but most Americans are still feeling squeezed by ‘cost of living creep’
Fortune· 12 hours agoHousing is one of the most painful examples: Monthly mortgages are more unaffordable than ever—not just because of high prices but also higher interest rates—while soaring ...
Canada Bank Watchdog Warns of Housing-Payment Shock by 2026
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 8 hours ago“I don’t think we know enough [yet] about where society is going, but it is true that fewer people...
Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.
USA TODAY via Yahoo Finance· 3 days ago“Why take a chance” by keeping rates high? Is 2% a good inflation rate? Zandi argues the 2%...
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