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Mortgage rates are rising again as inflation fears mount
Quartz· 13 hours agoU.S. mortgage rates have hit a new high for the year (so far) as inflation fears continue to creep...
Mortgage rates surge past 7%, reaching highest level since November
CNN Business via Yahoo Finance· 1 day agoThe Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot...
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
Barrons.com· 3 days agoBank of America adjusted earnings topped expectations in the first quarter, but one part of the...
The Cost of Buying a House Reaches a New Record High
The State· 8 hours agoA spike in mortgage rates — plus high prices in the current spring market — pushed the cost of a home purchase up to a new all-time high. The median monthly payment for a ...
Down payment assistance: How it works and how to get it
Bankrate via Yahoo Finance· 9 hours agoAlong with paying monthly payments for the first mortgage, you’ll repay the low-interest loan,...
Mortgage rates spike could upend housing market
Newsweek· 4 days agoThe recent rise of the average long-term U.S. mortgage rate, which poses a new obstacle to aspiring homeowners hoping to purchase a property during this...
Bank Earnings Roundup: Morgan Stanley, Bank of America, Bank of New York Report
The Wall Street Journal· 3 days ago**Bank of America** and **Morgan Stanley reported** quarterly results today. That follows earnings...
Is Toronto-Dominion the Best Dividend Stock for You?
Motley Fool via Yahoo Finance· 16 hours agoWorse, elevated interest rates will also result in higher interest costs for the bank's customers. That could lead to an increase in troubled loans,...
America’s interest rates are unlikely to fall this year
The Economist· 2 days agoFor most of the year everyone from stockpickers and homebuyers to President Joe Biden has banked on...
Freddie Mac’s proposed home equity product could unlock $850B in originations - HousingWire
HousingWire· 12 hours agoA Freddie Mac home equity product that was proposed this week has the potential to unlock $850 billion in origination volume. On Tuesday, the Federal Housing Finance Agency (FHFA) announced ...