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Mortgage crisis deepens as one in four face missing payments this year
The Independent via Yahoo News· 6 days ago“For those coming to the end of fixed-rate deals, the financial shock will be significant as monthly...
The Fed indicated rates will remain higher for longer. What does that mean for you? | amNewYork
amNewYork· 5 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
Today’s Mortgage Rates for May 31, 2024: Rates Up
Market Watch· 5 days agoFor more details on how we compile daily mortgage data, check out our methodology here. While mortgage rates are still relatively high ...
Mortgage discounts fail to lure borrowers away from shorter-terms as rate cuts near
Financial Post via Yahoo Finance· 6 days ago“Persisting high inflation and uncertainty around the potential decrease in the Bank of Canada’s ...
The One Rule You Must Follow if You're Signing an Adjustable-Rate Mortgage Today
The Motley Fool via AOL· 6 days agoAnd once that happens, mortgage rates should follow suit, at least to some degree. This doesn't mean...
Zero-down mortgages are making a comeback
CNN Business via AOL· 6 days agoThis eliminates that.” It’s also worth noting that some experts say lending standards have been improved significantly since the 2008 financial crisis....
Bank OZK (OZK) Rides on High Rates, Fee Income Amid Cost Woes
Zacks via Yahoo Finance· 5 days agoBank OZK (OZK) is well-poised for growth given high rates, its restructuring efforts and a solid...
Consumers discouraged by high interest rates and deteriorating financial health: study
FOX Business· 12 hours agoConsumer satisfaction is taking a dip in the wake of high interest rates, driven up by inflation and...
GDP has economists divided on when Bank of Canada rate cut will come
Financial Post via Yahoo Finance· 5 days agoHarvey said he expects Canadians to see two rate cuts over the next three policy meetings. “Failure...
Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7%
Associated Press· 6 days agoThe average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at...