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Using home equity to pay off your mortgage? Here are the pros and cons
CBS News· 6 hours agoWhether or not it's wise to use your home equity to pay your mortgage off depends on multiple...
Daily mortgage rates for May 3, 2024: Rates end week elevated but calm after Fed rate pause
AOL· 13 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
The Fed’s latest meeting wasn’t just about interest rates. Here’s why you shouldn’t overlook its...
Bankrate via AOL· 1 day agoThe Fed’s balance sheet ultimately ends up impacting the money supply and availability of credit in...
Americans Are Still Really Worried About Inflation
Reason.com via Yahoo Finance· 7 hours agoThat means prices were rising two to three times more quickly than during the worst bout with inflation that most Americans can easily recall. In March,...
Interest rates could be high for much longer. Here's what it means for your finances
WHIO-TV 7 Dayton· 1 day agoFor months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed...
Many Americans spend more than 30% of their take-home pay on a mortgage: survey
FOX Business· 4 days agoHigher mortgage rates and home prices mean that 20% of Americans spend roughly 30% of their...
How to Pay Off Your Mortgage Early, Finance Experts Say
Best Life· 5 days agoWith every monthly payment, you get closer to the real American Dream: owning your own home without...
‘Almost impossible’: Janet Yellen despairs at housing market’s one-two punch for first-time buyers
Fortune via Yahoo Finance· 1 day ago“This is a lot of cash and can be very intimidating for young couples looking to buy their first...
The Fed indicated rates will remain higher for longer. What does that mean for you?
St. Louis Post-Dispatch· 8 hours agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...
How much would the monthly payment be on the average American home?
CBS News· 4 days agoAs of March 2024, the average American home price was $393,500. How much would you need to pay per...