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Morning Business Report: Interest rates will hold steady for now
CW39 NewsFix· 8 hours agoFederal Reserve Maintains Interest Rates at 23-Year Highs
So you want to buy a house: Here’s the kind of good credit score that you’ll need
NY Post via Yahoo Finance· 7 hours agoThey may still give you a type of mortgage, but it may be a subprime loan with a higher interest ...
Mortgage arrears surge to 10-year high thanks to high interest rates
Daily Express· 3 days agoAdditionally, its data shows that the proportion of loan balances in arrears rose by 30 basis points...
Federal Reserve holds interest rates steady, projects fewer cuts in 2024
WESH 2 Orlando· 1 day agoThe Federal Reserve announced it's leaving interest rates unchanged for now. It comes as the central...
Study reveals average annual homeowner expenses in US are over $18K, surpassing initial costs
ClickOnDetroit· 4 hours agoWith the decision to leave interest rates unchanged on Wednesday, June 12, 2024, home buying remains...
Home prices are rising while mortgage rates remain the same
WHTM via Yahoo Finance· 1 day ago(WHTM) — After big runups in home prices the past three years, a lot of potential home buyers were...
Fed officials' new interest rate outlook may roil stocks
TheStreet via Yahoo Finance· 1 day agoThe dot plot shows how the 19 members of the Federal Open Market Committee...Index report. But it...
The US needs to build 2 million houses to revive the American dream of homeownership
Business Insider via Yahoo Finance· 2 hours agoAll in all, the outlook for the US housing market is not looking great if you're a prospective...
Mortgage rates at 3% were an 'anomaly.' Here's what a normal 30-year rate looks like.
Morningstar· 5 days agoHome buyers are frustrated by 7% mortgage rates. Since the Federal Reserve started hiking interest rates in mid-2022, mortgage rates ...
Powell Says Rates Are Hitting Housing but Return to Normal Could Take Years
Barrons.com· 1 day agoHigher interest rates are weighing on home-buying activity and having a “significant effect” on the...