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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 6 days agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Small Improvements in Mortgage Rates: Mortgage Interest Rates for May 23, 2024
CNET· 5 days agoQuite a few major mortgage rates moved down. It's still expensive to buy a house, but there's more...
I Just Told My Friend Not to Make Extra Payments on Her Mortgage. Here's Why
The Motley Fool via AOL· 12 hours agoYou'll often hear that it's smart to pay off a mortgage ahead of schedule, but this advice doesn't...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 4 days agoInflation has fallen from a colossal 10.7pc when he took office to 2.3pc today, although given the...
What falling inflation means for mortgages, savings and investments
The Telegraph via Yahoo Finance· 6 days agoInflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via AOL· 6 days agoBut 5 minutes could have you paying as little as $29/month Thanks to Jeff Bezos, you can now use...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 4 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 5 days agoThere are other options available, but how aware of these options is today's homeowner? To find out,...
Locked out of the US housing market? Here’s how to win ‘revenge’ in the meantime
NY Post via Yahoo Finance· 1 day agoHacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and...
Why Peloton Stock Tumbled Today
The Motley Fool via AOL· 6 days agoAs a result, the stock finished the day down 16.4%. Image source: Peloton...The company plans to use the proceeds to repurchase $800 million of...