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5 strategies for dealing with today's high mortgage rates
CBS News· 6 days agoFor example, when buying a $400,000 home with 20% down, the monthly mortgage payment (principal and interest only) has gone from about $1,350 at 3% to over $2,100 at 7%. Get ...
Everything you need to know about remortgaging in 2024
The Telegraph via Yahoo Finance· 13 hours agoWhile the mortgage market has calmed down compared to the volatility seen in the last couple of...
Today's Refinance Rates: May 8, 2024—Rates Decrease
Forbes· 2 days agoThe rate on a 30-year fixed refinance tumbled today. The average rate on a 30-year fixed mortgage refinance is 7.66% ...
Best CD rates today: Look no further for flexible CD terms topping 5% APY — May 8, 2024
AOL· 1 day agoIn today's high-rate environment, you can take home 5% and more — up to 10 times the average 0.46%...
Americans say it’s the worst time ever to buy a home
CNN Business via Yahoo Finance· 8 hours agoThis followed five straight weeks of increases. Current rates are twice as high as the rate in February 2020 just before Covid. The spike in mortgage...
'Seriously underwater' mortgages are on the rise throughout the US, with Southern states seeing the...
Business Insider· 8 hours agoThe percentage of seriously underwater mortgages - those with a balance 25% higher than the value of...
Mortgage Rates Aren't the Only Hurdle for Homebuyers. There Aren't Enough Houses
CNET· 2 days agoDepending on who you ask, the biggest obstacle for homebuyers is either mortgage rates, home prices...
Best 30-Year Mortgage Rates in May 2024
Time Magazine· 3 days agoIf you are looking to apply for a 30-year mortgage, here are five lenders offering some of the best rates. Mortgage brokers are not paid by commission,...
Bank of England leaves interest rates on hold at 5.25%
Evening Standard via Yahoo Finance· 13 hours agoGovernor Andrew Bailey said he was “optimistic that things are moving in the...on inflation.” The...
The Fed just dashed hopes for lower mortgage rates. What homebuyers need to know.
USA Today via Yahoo Finance· 2 days agoMedora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at...