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Average long-term US mortgage rate climbs for fourth straight week to highest level since November
ABC News· 43 minutes agoThe average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac...
US pending home sales jumped in March, beating expectations by a mile
CNN Business via AOL· 1 hour agoThat was well above the 0.3% decline forecast by economists, according to a FactSet poll. Contract...
What is a HELOC?
Bankrate via AOL· 20 hours agoWhy HELOCs are popular...Borrowers appreciate the option to take out only what they require and pay interest only on what they use. Also, while their ...
Pending home sales see unexpected jump in March, despite rising mortgage rates
Market Watch· 3 hours agoPending home sales reflect transactions where the contract has been signed for the sale of an...
The Federal Reserve Won’t Budge on High Interest Rates: How To Turn This Unfavorable Decision to...
GOBankingRates via Yahoo Finance· 19 hours agoThe Federal Open Market Committee meeting on May 1, 2024, represents another opportunity for the...
Inflation surge has held off interest rate cuts, hurt stocks. Will it slow down in 2024?
USA Today· 1 day agoSince a key inflation report this month showed an unexpected surge in consumer prices, hopes for a...
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
USA Today· 5 hours agoThe U.S. economy slowed more than expected early this year as weaker business stockpiling and...
US Dollar jumps higher after US GDP reveals burning hot inflation on all fronts ahead of PCE on...
The Forex Market· 4 hours agoThe US Dollar heads stronger after US GDP print. GDP is a miss, though very hot PCE and Price Index...
Mortgage demand drops as interest rates soar over 7%
NBC Philadelphia· 1 day agoApplications for a mortgage to purchase a home fell 1% for the week and were 15% lower than the same week one year ago. The ARM share of mortgage demand...
As Interest Rates Rise, Here’s What Money Market Investors Should Know
Forbes· 2 days agoInterest rates are on the rise again, with the yield on the benchmark 2-year Treasury once again...