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Rich Gen Xers are outpacing baby boomers in buying vacation homes
Fortune· 3 hours agoInterest in second homes is near an eight-year low, according to Redfin; it fell to a six-year low last year. Existing homeowners in the country took out almost 91,000 < ...
Home Depot Still Looks Sturdy
The Wall Street Journal· 6 hours agoComparable sales of items priced higher than $1,000 were down 6.5%. What is more, high mortgage rates’ chilling impact on home buying and selling is...
Mortgage Rates Go Down Over the Last Week: Mortgage Rates for May 8, 2024
CNET· 6 days agoThe average 30-year fixed mortgage interest rate is 7.25% today, a decrease of -0.10% over the last...
Today's Refinance Rates: May 14, 2024—Rates Drop
Forbes· 12 hours agoThe rate on a 30-year fixed refinance slipped today. The averagerate on a 30-year fixed mortgage refinance is 7.60%, according to Curinos ...
Biden repeats lie that inflation ‘was at 9% when I came in’ as president
New York Post· 23 minutes agointerest rates in response to the inflation crisis, was expected to begin cutting interest rates...
How to Get the Best Refinance Rate on Your Mortgage
Lifehacker· 7 hours agoRefinancing your mortgage can potentially save you thousands of dollars over the life of the loan—that is, if you're able to secure a lower interest <...
What I'm Telling Clients Trying to Sell Their Home Now About Interest Rates
Investopedia· 15 hours agoThis surge, combined with rising interest rates, has made homes less affordable for potential...
The Fed is struggling to break the back of inflation. Here's why.
CBS News via Yahoo Finance· 2 hours ago"When the Fed raises interest rates, mortgage rates rise too," Mabud said in a social media post....
Hotter inflation keeps mortgage rates higher, but housing inventory building: Fannie Mae
FOX Business· 1 day agoThere's no relief in sight for high borrowing costs as interest rate cuts are pushed further into...
How a VA cash-out refinance works
Yahoo Personal Finance· 4 hours agoIf you are interested in a VA cash-out refinance, here’s what you need to...loan cash-out refinance allows a homeowner to replace their current mortgage...