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Three banking giants slash mortgage rates
Daily Telegraph· 6 days agoAhead of the Bank of England’s announcement, mortgage rates had been creeping up for several weeks. Lenders began raising the interest rates on new fixed...
'Momentous' inflation data will give big clue on interest rate cut timing
Evening Standard via Yahoo Finance· 1 day agoThe fate of an early summer interest rate cut may be defined this week, by hotly anticipated...
Lower Inflation Won't Lead to Lower Mortgage Rates… Yet
CNET· 7 days agoAfter multiple rate hikes and months of holding interest rates at an elevated range, market watchers...
Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.
USA TODAY via Yahoo Finance· 2 days ago“Don’t sacrifice the economy on the altar of the 2% target.” Other forecasters say the Fed has no...
Inflation ‘back to normal’, declares PM despite smaller-than-expected decline
PA Media: Money via Yahoo Finance· 2 hours ago(PA Graphics) This was driven... chaos, families are worse off. Prices in the shops have soared, ...
Will Cooling Inflation Finally Bring Lower Mortgage Rates?
CNET· 7 days agoAfter multiple rate hikes and months of holding interest rates at an elevated range, market watchers...
Why mortgages and credit card rates could stay high through 2025
CNBC· 7 days agoIf you were holding out for lower interest rates on credits cards or mortgages, expect to only see...
Financial Services Roundup: Market Talk
The Wall Street Journal· 15 hours ago1544 ET – SPDR Gold shares are down 0.1%, inching lower after underlying gold fell 0.5% to $2,421.70 per troy ounce. 1331 ET – Canadian mortgages are...
Housing has a problem bigger than interest rates
TheStreet.com· 6 days agoFor nearly a year, the Federal Reserve has kept its base lending rate pegged at the highest level in over two decades and the central bank has warned investors that elevated ...
Today’s Mortgage Rates for May 16, 2024: Rates Down
Market Watch· 6 days agoFor more details on how we compile daily mortgage data, check out our methodology here. Mortgage rates remain well above 7% and near 2024 highs. Today’s ...