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Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon
CNET· 4 hours agoThe shelter index increased by 0.4%, making housing costs the largest factor in the monthly increase...
Lower Inflation Won't Lead to Lower Mortgage Rates… Yet
CNET· 8 hours agoAfter multiple rate hikes and months of holding interest rates at an elevated range, market watchers...
ECB says stress in home loans manageable despite high rates
Reuters· 8 hours agoStress in the euro zone market for home loans is "manageable" despite higher interest rates...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
Associated Press via Yahoo Finance· 7 hours agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and...
Mortgage rates fall for second week in a row, giving a ‘small boost’ to refinances
Market Watch· 9 hours agoThe market index rose 0.5% to 198.1 for the week ending May 10 from a week before. Key details: The...
The mortgage rate lock-in didn't start in 2022 - HousingWire
HousingWire· 5 hours agoResearchers developed a framework for estimating the number of home sales in 2024 based on the...
High Interest Rates Are Hitting Poorer Americans the Hardest
The New York Times via Yahoo News· 1 day agoHigh interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused...
Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle...
EconoTimes· 13 hours agoThere are 8.5 million households in the UK who own a home with a residential mortgage, often with...
Mortgage rates today, May 12, 2024: Rates decrease slightly
Yahoo Personal Finance· 3 days agoThese are today's mortgage rates. Average rates dropped slightly but remain high compared to...
Five stupid money mistakes that can get your mortgage denied
New York Post· 1 hour agoYou got the pre-approval, found a home, and had your offer accepted. Congratulations! All you need...