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Daily mortgage rates for May 20, 2024: Steady rates
USA Today· 4 days agoThe average rate on a 30-year jumbo mortgage is 7.46%. The average mortgage rate for 30-year fixed loans rose today to 7.45% from 7.37% ...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 14 hours ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 2 days agoBut 5 minutes could have you paying as little as $29/month Thanks to Jeff Bezos, you can now use...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoOne is a rate buydown. A buydown might lower a 7% mortgage rate to 5% in year one and 6% in year...
Mortgage rates tick down again after modest gains on inflation
The Day· 1 day agoMortgage rates fell again this week, with the average 30-year fixed loan dipping to 7.09%, according to Bankrate’s latest survey of large lenders. Rates have bounced around this year as the ...
Why homes in most metropolitan areas could be overvalued - Marketplace
Marketplace· 2 days agoAccording to a recent report from Fitch Ratings, home prices in 90% of metropolitan areas are...
Analysis | Who has the lowest (and highest) mortgage rates, and more!
Washington Post· 7 days agoWhen the Fed pushed its target rate near zero in 2020, the average home buyer could get a 30-year...
What falling inflation means for mortgages, savings and investments
The Telegraph via Yahoo Finance· 2 days agoInflation fell to 2.3pc in April, according to the Office for National Statistics. The figure is a...
Magnolia Mornings: May 22, 2024
McComb Enterprise-Journal· 29 minutes agoJackson Mayor Chokwe Lumumba announced on Tuesday that Mississippi’s capital city has been named the official 2025-2027 National Folk Festival Host City. Jackson was among 42 cities nationwide ...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 13 hours agoThe monthly mortgage payment at that price — factoring in the 7.02% U.S. median interest rate for a...