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US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 3 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage< ...
Take these 12 steps as the Federal Reserve keeps interest rates high
Bankrate via Yahoo Finance· 2 days agoEven modest rate reductions can translate to major savings. For instance, financing $500,000 on a...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 1 day agoTreasury market — jumping to as high as 121 in mid-April after ending March...Point Capital...
I got a low mortgage & worked to pay home off quickly but now I'm a 'prisoner'
The US Sun· 6 days agoHistorically low interest rates were one of the best things to come out of the pandemic but some...
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
The Wall Street Journal· 7 days agoWhenever he was relocated within the U.S., he bought a new home and rented out his old haunts. The...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 1 day agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home
The HELOC dam is opening. Are you ready? - HousingWire
HousingWire· 4 days agoU.S. homeowners today are armed with a record amount of home equity nearly $32 trillion, according...
5 smart alternatives to debt consolidation loans
CBS News· 1 day agoIf you owe money on your credit cards, you may be looking for solutions to get rid of that high-interest debt. A debt management plan is a formal...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 5 days agoHaving paid off the mortgage before they retired, the two 71-year-olds wanted to build home equity...
The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what...
CNBC· 2 days agoIt started 2024 expecting at least six reductions, which was "completely fantasy land," said Greg...