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More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 17 hours agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Most rates rise | Current mortgage rates, May 1st, 2024
Bankrate.com· 6 days agoNational mortgage rates were mostly higher compared to a week ago, according to data compiled by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo loans ticked ...
5 strategies for dealing with today's high mortgage rates
CBS News· 4 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 ...
Will home equity loan rates drop in May?
CBS News· 5 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 6 days agoEven modest rate reductions can translate to major savings. For instance, financing $500,000 on a...
Opinion: Riding the wave - HousingWire
HousingWire· 4 days agoThanks to high mortgage rates, mortgage refinance rates, and even higher home prices, the vibe among homebuyers has been fairly bleak ...
5 ways to lower your mortgage payment right now
CBS News· 5 days agoIf that's your experience, it may help to rethink one of the largest monthly expenses most people have — your mortgage. The median monthly mortgage...
Higher Interest Rates Stick Around
Morningstar· 5 days agoIvanna Hampton: Higher interest rates are sticking around for longer. While Fed Chair Jerome Powell didn’t seem worried about the inflation outlook, he...
Jim's Credit
The Daily Sentinel· 1 day agoFor the rest of your life, your mortgage payment can only go down, and you can refinance as often as you would like. Today’s home price ...
The State of Real Estate
Bob Vila via Yahoo Finance· 7 days agoLearn More › Persistently high interest rates and inflated home values combined to put the brakes on the real estate housing market in 2023. The highest ...