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Americans are struggling to sell their homes
Newsweek· 6 days agoThe 30-year-old fixed mortgage rate—the most popular among American borrowers—was 6.99 percent as of June 6, according to data from Freddie Mac.
When will the Fed's moves alleviate the lock-in effect? - HousingWire
HousingWire· 5 days agoPowell was referring to the current situation in which homeowners holding historically low rate ...
Posthaste: How much are variable-rate mortgage holders saving after the rate cut?
Financial Post via Yahoo Finance· 7 days agoOn the other end, monthly savings amount to just $76.60 for the average mortgage holder in Regina,...
Fed Reserve sees progress on inflation, revises rate cut forecast for 2024
KIII Corpus Christi· 7 days agoFederal Reserve officials said Wednesday that inflation has fallen further toward their target in...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 6 days ago“To be more data dependent, the Fed needs a lot of flexibility,” Sweet says. “The dot plot isn’t a ...
A Big Bond Rally Is Promising Help for Home Buyers
The Wall Street Journal· 2 days agoThe sharp rise in bond prices has pushed down the yield on the 10-year U.S. Treasury note, a benchmark for mortgage rates and other borrowing costs...
Lennar Stock Drops After Home Deliveries Forecast Falls Short of Estimates
Investopedia via Yahoo Finance· 23 hours agoThe Florida-based company, which constructs residential homes nationwide, forecasts fiscal...
Federal Reserve updates timing of first interest rate cut
TheStreet via Yahoo Finance· 6 days ago"The Committee does not expect it will be appropriate to reduce the target range...Market Committee]...
U.S. Home Prices Hit Record High As Mortgage Rates Start To Decline
Benzinga via Yahoo Finance· 4 days agoThe U.S. housing market is seeing record-breaking prices blended with early signs of a cooling...
Markets News, June 12, 2024: Nasdaq, S&P Hit Records After CPI; Fed Sees 1 Rate Cut in 2024
Investopedia· 6 days agoHome Depot (HD) rose 2.5% amid optimism mortgage rates may fall after a softer-than-expected...