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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 ...
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 ...
The Fed indicated rates will remain higher for longer. What does that mean for you?
Los Angeles Times· 2 days agoCredit card rates are at or near all-time peaks, and mortgage rates have more than doubled in recent...
What will happen to home prices if mortgage rates stay high? Experts weigh in
CBS News· 1 day agoThe Federal Reserve continues to battle inflation, which has topped 3% for the first three months of 2024. With inflation moving in the wrong direction, mortgage rates have ...
3 things to do (and 3 things to avoid) with interest rates paused
CBS News· 6 days agoDespite hope in late 2023 and early 2024 that interest rates would be cut this spring, the Federal...
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 agoCar loans...market. A car can break down or a roof can need repairing regardless of the rate...
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...
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 ...
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...