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Mortgage demand falters as interest rates rise for the first time in a month
AOL· 3 days agomortgage applications slid 5.7% for the week ended May 24, according to new data published Wednesday. While that is down from a peak of 8% in October, it marks the highest ...
UWM offers 0% down payment mortgages: Here are the risks, who’s eligible
Detroit Free Press via Yahoo Finance· 19 hours agoThe mortgage rate for the 0% UWM product would be based on the market rates, one's FICO score and...
Fix or float is the big mortgage question as Bank of Canada rate cuts approach
Financial Post via Yahoo Finance· 19 hours agoAn important hypothetical Forecasting rate trajectories is often a fool’s errand, but there’s one...
A Closer Look at Hotel Interest Rates: Past and Future May 30, 2024 | By Daniel P. McCoy
Hospitality Net· 21 hours agoIn this article, we have compiled and analyzed historical hotel interest rate data, as well as...
Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7%
WTRF Wheeling· 2 days agoLOS ANGELES (AP) — The average rate on a 30-year mortgage moved back above 7% this week, a setback...
Weekly Mortgage Demand Dips Following Increase In Rates
International Business Times· 2 days agoWhile the noted increase did not even reach 1%, it still created an immediate effect on mortgage...
Mortgage discounts fail to lure borrowers away from shorter-terms as rate cuts near
Financial Post via Yahoo Finance· 2 days ago“Persisting high inflation and uncertainty around the potential decrease in the Bank of Canada’s ...
Is private mortgage insurance (PMI) tax-deductible?
Bankrate via AOL· 10 hours agoNot a huge amount, but every little bit helps — especially since, if you put less cash down, you might have incurred a higher interest rate on your < ...
Why mortgage rates are doomed to stay above 7% for the foreseeable future
Business Insider via Yahoo Finance· 5 days agoYet, the 30-year mortgage rate has been stuck around 7% all year. Freddie Mac and Fannie Mae say...
The long game of high interest rates - Marketplace
Marketplace· 6 hours agoPlus, Kai's prediction for future interest rate cuts.