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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...
Louisville summer housing forecast: Buyers, sellers expect busy season
Gannett via AOL· 9 hours agoOn a 30-year fixed-rate mortgage, a 7% interest rate would mean a principal payment of $1,330....
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...
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...
Priced out of home ownership - 'It makes me want to throw up'
BBC via Yahoo Finance· 1 day agoThey did not lock in the rate then, unaware borrowing costs might shift significantly. When they...
Why Peloton Stock Tumbled Today
The Motley Fool via AOL· 7 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...
Are homeowners using their home equity to pay for home improvements? Do they even know they can?
Stacker via AOL· 6 days agoThere are other options available, but how aware of these options is today's homeowner? To find out,...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 5 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Mortgage rates dip below 7% for the first time in over a month
AOL· 5 days agoThe average 30-year fixed mortgage rate fell below 7% for the first time since early April, hitting 6.94% from 7.02% a week prior, according to Freddie Mac. Rates declined ...