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Federal Reserve minutes: Policymakers saw a longer path to rate cuts
Seattle Times· 5 days agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting...
30-year mortgage rate drops to a seven-week low
Market Watch· 5 days agoOn a week-over-week basis, the market index rose 1.9%, to 201.9, for the week ending May 17. Key details: The purchase index — which measures mortgage...
Pros and cons of a cash-out refinance
Bankrate via AOL· 6 days agoHere’s when it might make sense to get a cash-out refinance: Lower interest rate: When you can lower the interest rate on your
Priced out of home ownership - 'It makes me want to throw up'
BBC via AOL· 11 hours agoInstead, since January mortgage rates have mostly moved higher. Mimi Than, a 29-year-old who...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 3 days agoWho is an adjustable-rate mortgage best for? Adjustable-rate mortgages can be advantageous in certain situations.
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 5 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage ...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 6 days agoThe notice said, "A significant portion of borrowers have low interest rate first mortgages, and the...
Mortgages and loans to pay for home renovations
Bankrate via Yahoo Finance· 6 days agoOne advantage of a ...s a single debt with one monthly payment; you don’t have to take out a loan for the mortgage and another loan for home repairs....
Today’s Refinance Rates May 23, 2024: Rates Decrease
Newsweek· 5 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.06%, compared to 7.20% a week earlier. For borrowers who want a shorter ReFi, the average rate...
Mortgage rates fall - Today's rates for May 21, 2024
Bankrate.com· 7 days agoAverage mortgage rates trended lower on all loan terms compared to a week ago, according to data collected by Bankrate. The movement of fixed mortgage rates ...
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