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Canadian banks say borrowers showing strain of higher for longer interest rates
Financial Post via Yahoo Finance· 5 hours agoHe also agreed with an analyst who noted that while the amount of negatively amortizing mortgages...
Mortgage Rates Are Crushing the Home Buying Season. But There’s a Bright Spot.
Barrons.com· 23 hours agoThe gain is more bad news for buyers, who have largely soured on home buying prospects....
Mortgage crisis deepens as one in four face missing payments this year
The Independent via Yahoo News· 1 day ago“For those coming to the end of fixed-rate deals, the financial shock will be significant as monthly...
Posthaste: Prospective homeowners still want to buy despite rising prices, housing shortages
Financial Post via Yahoo Finance· 3 hours agoThere are plenty of negative emotions out there, with 46 per cent of buyers saying they feel...
Does refinancing a mortgage hurt your credit?
Bankrate via AOL· 2 days agoNext steps to refinance your mortgage Once you’ve made a plan for how to protect your credit during the refinancing process, there are a few steps you...
'Unexpected Windfall': Mortgage Rates Fall Below 7% for the First Time in Over a Month
San Francisco Chronicle· 5 days agoMortgage rates dipped below 7% this week, with the average rate for a 30-year fixed home loan dropping from 7.02% last week to 6.94% for the week ending ...
Q1 GDP revised down on lackluster consumer spending
FOX Business· 19 hours agoThis reading is below the BEA's original GDP estimate for the first quarter, which showed the economy increased at a rate of 1.6%. Compared to the...
Income growth under the Tories ‘worst in generations’
The Telegraph via Yahoo Finance· 10 hours agoIncome growth under the Tories has been the “worst in generations”, the Institute for Fiscal Studies...
Hancock Whitney (HWC) Loan Balance Solid, Asset Quality Weak
Zacks via Yahoo Finance· 7 days agoHancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise...
CFPB issues info request for mortgage closing costs in assault on ‘junk fees‘ - HousingWire
HousingWire· 24 hours agoPart of a broader attack on what both the bureau and the Biden administration call “junk fees” — and...