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Average long-term US mortgage rate climbs for fourth straight week to highest level since November
WJTV Jackson· 4 hours agoLOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed this week to its highest level...
US pending home sales jumped in March, beating expectations by a mile
CNN Business via Yahoo Finance· 4 hours agoThat was well above the 0.3% decline forecast by economists, according to a FactSet poll. Contract...
Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
Fortune· 2 hours agoWhether that means mortgage rates will top 8% again or not, we’re close to that more than two-decade high seen in October last year. “So far, sellers continue to put homes on the market more ...
What is a HELOC?
Bankrate via AOL· 23 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· 6 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· 22 hours agoThe Federal Open Market Committee meeting on May 1, 2024, represents another opportunity for the...
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...
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...
Interest rates to stay 'higher for longer,' Huntington CEO Steve Steinour says
Gannett via AOL· 5 days agoSome forecasts are now saying there won't be any cuts. "What a significant...slipping into a...
US Dollar jumps higher after US GDP reveals burning hot inflation on all fronts ahead of PCE on...
The Forex Market· 6 hours agoThe US Dollar heads stronger after US GDP print. GDP is a miss, though very hot PCE and Price Index...