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Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%
Morningstar· 4 days agoThe numbers: Mortgage rates rose for the third week in a row, moving beyond 7%, prompting some home buyers to seek refuge in adjustable-rate mortgages ...
Refi Rates Increase for Homeowners: Current Refinance Rates on April 23, 2024
CNET· 5 days agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red...
Mortgage demand slumps as interest rates move higher: MBA - HousingWire
HousingWire· 3 days agoMortgage demand dipped last week as rates reached their highest levels since late 2023, according to the Mortgage Bankers Association.
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash...
MarketWatch via Yahoo Finance· 2 days ago“So the mortgage rate lock-in effect becomes a smaller part of the decision-making process to keep...
Cost-Saving Options For Black Americans To Consider As Mortgage Rates Exceed 7%
Black Enterprise· 6 days agoBad news, prospective home buyers: mortgage rates have eclipsed 7% for the first time in 2024. Based...
The economy is moving us back into the 19th century as fertility rates plunge
Fortune via Yahoo Finance· 1 day agoThe economy is hitting younger generations—hard. Millennials and Gen Zers face sky-high mortgage...
A new reality of 7% mortgage rates could be setting in, top economist says
Fortune· 3 days agoAt one point, the average mortgage rate was as low as 2.65%. “If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of ...
Average long-term U.S. mortgage rate climbs for fourth week
News 13 Orlando· 2 days agoThe average long-term U.S. mortgage rate climbed this week to its highest level since late November,...
Average long-term mortgage rate climbs for 4th straight week | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 3 days agoLOS ANGELES >> The average long-term U.S. mortgage rate climbed this week to its highest level since...
PCE inflation accelerates in March. What it means for Fed rate cuts
USA TODAY via Yahoo Finance· 2 days agoLower rates make mortgages and other loans less expensive, juicing economic activity, and they...