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BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 3 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 4 days agoSo they decided to sell their Florida home and move, even though it meant giving up a 4.375%...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 2 days agoHere are a few examples: You don’t plan to stay in the home for a long time. If you know you’re going to sell a home within five to 10 years, you can opt...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 3 days agoThe median U.S. home sale price — what buyers actually paid for a property — reached $387,600 during...
What to do when your mortgage forbearance period ends
Bankrate via Yahoo Finance· 2 days agoBy doing so, you will simply pay off what you owe when the mortgage ends...forbearance is not loan...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 4 days agoA home equity loan provides the opportunity to capitalize on this without having to refinance their...
FHA loan rates | Bankrate | Compare rates today
Bankrate.com· 5 days agoFor today, Tuesday, May 21, 2024, the national average 30-year FHA mortgage interest rate is 6.87%, down compared to last week’s of 7.01%. The national average 30-year FHA ...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agoConsider new homes Nearly...said. Many homebuyers never consider shopping for a newly minted home....
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
Americans are trying to change their mortgages
Newsweek· 4 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage rates have been...