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Mortgage rates today, May 18, 2024: Rates are still over 7%
Yahoo Personal Finance· 17 hours agoThe highest mortgage rate on record was 18.63% in October 1981, which makes a 7.02% rate not seem so...
Mortgage rates today, May 17, 2024: Lower rates give home buyers flexibility
Yahoo Personal Finance· 2 days agoThese are today's mortgage rates. Compared to two weeks ago, today's 30-year rate could save you...
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Associated Press Finance via Yahoo Finance· 6 days agoThe sharp interest rate hikes of the past two years will likely take longer than previously expected...
Mortgage interest rates today: May 13, 2024
CNN.com· 6 days agoThe average interest rate for a 30-year fixed mortgage hit 7.49% on Monday, with the rate for 15-year fixed mortgages decreasing to 6.79% ...
How higher interest rates are weighing on Home Depot's sales - Atlanta Business Chronicle
The Business Journals· 4 days agoHome Depot executives say elevated interest rates are still weighing on the company's sales....
Dow Jones Industrial Average Tops 40000 for the First Time
The Wall Street Journal· 2 days ago“I do think there’s a bit of a reckoning coming for U.S. equity market valuations,” said Don...
Housing starts, permits fall short of expectations
Detroit News· 2 days agoNew home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates is giving...
Home Depot misses on revenue, as high interest rates hurt sales
CNBC· 5 days agoNet sales fell 2.3% from $37.26 billion. Comparable sales dropped 2.8% in the fiscal first quarter...
UPDATE 4-Big Japan banks forecast record profits, signal optimism as domestic rates normalise
Reuters via Yahoo Finance· 4 days agoJapan's three biggest banks forecast record income in the coming year on Wednesday, signalling increased optimism about an economy that has only just exited from years of ...
Housing has a problem bigger than interest rates
TheStreet via Yahoo Finance· 2 days agoFor nearly a year, the Federal Reserve has kept its base lendingrate pegged at the highest level in over two decades and the central bank has warned...