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Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
FOX Business· 11 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage...
NAB's Interim Profit Falls 12%, Share Buyback Increases — Update
Morningstar· 1 hour agoSYDNEY--National Australia Bank reported a 12% decline in half-year net profit amid ongoing competition in mortgages and announced it will increase its share buyback by 1.5 ...
Fed keeps interest rates at 23-year high, delaying cuts as inflation progress stalls
Bankrate via Yahoo Finance· 4 hours agoFinancing $500,000 on a 30-year fixed-rate mortgage would’ve cost a borrower roughly $2,371 a month...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 5 hours agoHome sales have dropped sharply. But home prices remain near record levels. Because home values are...
‘Don’t Panic’: 5 Tips to Help Homebuyers Cope With 7% Mortgage Rates
The Idaho Statesman· 9 hours agoMortgage rates should eventually decrease, but the drop will probably come later than most expected. Higher interest rates are increasing pressure on homebuyers who are already ...
UK House Prices Fall Again After Mortgage Rates Creep Higher
Bloomberg via Yahoo News· 15 hours ago(Bloomberg) -- UK house prices fell at the sharpest pace in eight months after the cost of mortgages...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 6 hours agoMortgage rates aren’t the only financing costs that have surged. Home equity loans, adjustable-rate ...
How Will Today's Federal Reserve Meeting Impact Mortgage Rates?
CNET· 1 day agoThe Federal Reserve is meeting today and tomorrow, but don’t expect a rate cut. Two years after the...
Financial Services Roundup: Market Talk
The Wall Street Journal· 3 hours agoUBS increases its earnings per share estimates in FY 2024 and FY 2025 by 6%-8% as it also raises its near-term underlying margin forecasts. “We have...
NYCB Reports 400% Jump in Defaults As Multifamily Fears Grow
The Real Deal· 9 hours agoNew York Community Bank on Wednesday reported defaulted loans totaled $800 million in the first...