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Real estate billionaire Barry Sternlicht says rents will rise in two years—and it’s Jerome Powell’s...
Fortune· 23 minutes agoIn an interview with CNBC yesterday, Sternlicht didn’t change his tune, although he was less colorful. “This is my problem with Powell,” he said. Essentially, he’s suggesting that fewer apartments ...
Pressure is on for Bank of England interest rate cut as other central banks act
Evening Standard via Yahoo Finance· 8 hours ago“BOE independence is a well-established and respected principle among the major parties, and a rate...
Mortgages Haven't Been This Unpopular In 23 Years
Investopedia· 13 hours agomortgages as they did in the first quarter, some folks were still writing the year with a “19” by accident. Lenders only issued 1.28 million home loans...
Rates rise | Current mortgage rates, June 4th, 2024
Bankrate.com· 3 days agoCompared to 15-year loans, lenders charge higher interest rates for 30-year loans because they’re taking on the risk of not being repaid for a longer time span. A 15-year ...
United States: Housing market developments amid monetary tightening
The Forex Market· 4 hours agoThe massive monetary tightening policy undertaken by the Federal Reserve, starting in March 2022, in...
Rates remain elevated - Mortgage rates for June 5, 2024
Bankrate.com· 2 days agoMortgage interest rates were mixed compared to last week, according to rate data compiled by Bankrate. The tune has changed around the ...
Aval CEO Urges Colombia to Cut ‘Exaggeratedly’ High Interest Rates
Bloomberg· 3 hours agoColombia should slash interest rates to reactivate the economy and its battered construction sector,...
Banks Tap Complex Mortgage Product to Fight Deposit Flight Risk
Bloomberg· 5 hours agoBanks are ramping up investments in a complex part of the mortgage bond market that offers...
3 home equity borrowing options that let you keep your low mortgage rate
CBS News· 2 days agoDuring that time, mortgage rates were hovering below or near 3% at that time, so many homeowners...
Mortgage credit availability increased in May: MBA - HousingWire
HousingWire· 3 hours agoMortgage credit availability saw a slight increase in May, according to an analysis of ICE Mortgage...