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When will the Fed's moves alleviate the lock-in effect? - HousingWire
HousingWire· 2 days agoPowell was referring to the current situation in which homeowners holding historically low rate ...
Mortgage rates to drop 'substantially,' new report predicts
Newsweek· 4 days agoInflation cooling down to the Federal Reserve's target of two percent will spark a decline of...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 3 days ago“To be more data dependent, the Fed needs a lot of flexibility,” Sweet says. “The dot plot isn’t a ...
Americans are struggling to sell their homes
Newsweek· 2 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.
U.S. Home Prices Hit Record High As Mortgage Rates Start To Decline
Benzinga· 1 day 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· 3 days agoHome Depot (HD) rose 2.5% amid optimism mortgage rates may fall after a softer-than-expected...
Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 Cut
Bloomberg via Yahoo Finance· 3 days agoHis Dad’s Reaction Was Remarkable.Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashUS...
Fact check: Labour says Tories will add £4,800 to your mortgage
Press Association News via AOL· 1 day agoWith Labour’s assumption of an 85% LTV mortgage and the average £285,000 house price, that would...
The Fed expects only one rate cut this year amid sticky inflation
CBS News via Yahoo Finance· 3 days agoInflation-weary consumers will likely have to bear higher borrowing costs throughout 2024, with the...
Veteran fund manager buys Builders FirstSource
TheStreet via Yahoo Finance· 2 days agoOne expert looking for Fed rate reductions in 2024 is Chris Versace, lead manager for TheStreet Pro Portfolio...cuts this year (up from one last week)...
