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Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 1 day agoEven modest rate reductions can translate to major savings. For instance, financing $500,000 on a 30...
Why the Federal Reserve Affects Mortgage Rates
CNET· 1 day agoOver the past two years, the Federal Reserve’s interest rate hikes have had an adverse effect on the housing market, helping to drive mortgage rates into...
Inflation and the housing market: Decoding the latest numbers
Bankrate via Yahoo Finance· 1 day agoThat negative attitude is likely tied to today’s mortgage rates, which have eased a bit since...
How the Fed Will Impact Mortgage Rates at This Week's Meeting
CNET· 3 days agoMore than two years after the Fed began bumping interest rates to quell inflation, mortgage rates...
3 things homebuyers should do to hack the unaffordable housing market, according to Fannie Mae's...
Business Insider via Yahoo News· 6 days agoThe 30-year fixed mortgage rate has been stuck around 7% all year. Single-family home prices,...
Biden Keeps Blaming Others for His Economic Mistakes
Reason.com via AOL· 21 hours agoThis means the average home purchaser now needs to earn an additional $47,000 per year just to afford a home compared to four years ago. Some economists...
Fed holds interest rates steady at 23-year high
Good Morning America via Yahoo News· 1 day agoThe Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data...
'A double-edged sword': 40% of US homeowners wouldn't be able to afford their home if buying today —...
MSN News· 15 hours agoThinking of cashing in on your home’s huge increase in value? Think again.
The US needs to build 2 million houses to revive the American dream of homeownership
Business Insider· 8 hours agoA shortage of 2.2 million homes suggest the US housing market will remain unaffordable. High labor...
The month in reverse mortgage rates: June 2024 - HousingWire
HousingWire· 6 days agoAlmost all Home Equity Conversion Mortgages (HECMs) originated today utilize the adjustable-rate ...