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BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 2 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 days agoInventories of homes are low. With prices and interest rates running high, everyone is...
Majority of rates rise | Mortgage rates for May 24th, 2024
Bankrate.com· 2 days agoMortgage interest rates were mostly up versus last week, according to rate data collected by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo mortgages moved higher ...
1 in 4 First-Time Home Buyers Today Are Considering an Adjustable-Rate Mortgage. Here Are 2 Pros and...
The Motley Fool via AOL· 7 days agoIn the coming years, we may see a general decline in mortgage rates so that by the time your home...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 8 hours agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
Americans are trying to change their mortgages
Newsweek· 3 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage rates have been...
9 Ways the Middle Class Can Save on Auto Expenses
GOBankingRates via Yahoo Finance· 12 hours agoSpending money on your car is a given -- between the gas, insurance, maintenance and whatever else the road has in store. It's typically expensive to own...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 2 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Midday movers: Microsoft, Xpeng rise; Palo Alto, Keysight fall
Investing.com via Yahoo Finance· 4 days agoHere are some of the biggest U.S. stock movers today: Lowe’s (NYSE:LOW) stock fell 3% despite the home improvement retailer reporting first-quarter net ...
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 21, which is unchanged from...