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Lower Inflation Won't Lead to Lower Mortgage Rates… Yet
CNET· 2 days agoAfter multiple rate hikes and months of holding interest rates at an elevated range, market watchers...
Today’s Mortgage Rates for May 13, 2024: Rates Steady
Market Watch· 4 days agoToday’s 30-year fixed rate is steady at 7.42% APR and the 15-year fixed rate is up to 6.78% APR, according to data from Curinos analyzed by MarketWatch ...
Will Cooling Inflation Finally Bring Lower Mortgage Rates?
CNET· 2 days agoAfter multiple rate hikes and months of holding interest rates at an elevated range, market watchers...
The Share of Homes for Sale With Price Cuts Hit a 6-Year High
Macon Telegraph· 6 hours agoOver 22% of home listings got a price cut in April, up from 17% the year before. In April, 22.4% of home listings had price cuts, a 1.9 percentage point ...
Home Depot misses on revenue, as high interest rates hurt sales
CNBC· 3 days agoNet sales fell 2.3% from $37.26 billion. Comparable sales dropped 2.8% in the fiscal first quarter...
Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago
Digital Journal· 4 days agoRising interest rates: The benchmark Optimal ...
What Percentage of Income Should Go Toward a Mortgage?
Investopedia· 3 days agoIf you are thinking of buying a home, you've probably heard the question "How much house can I...
Financial Services Roundup: Market Talk
The Wall Street Journal· 1 hour agoTo what extent the underwriting weaknesses are one-off in nature isn’t clear, analyst Derald Goh writes. “...shares have gained 12% year to date....
Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy
Financial Post via Yahoo Finance· 3 days agoThe downside is that a borrower pays more interest over the life of a mortgage. In Canada, an...
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist...
Market Watch· 19 minutes ago“Rents are only up 1% nationally, and that’s mostly because less affordable rental markets are...