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5 strategies for dealing with today's high mortgage rates
CBS News· 4 days agoFor example, when buying a $400,000 home with 20% down, the monthly mortgage payment (principal and interest only) has gone from about $1,350 at 3% to over $2,100 at 7%. Get ...
Today’s Refinance Rates May 2, 2024: Rates Rise
Newsweek· 6 days agoThe current average ReFi rate on a 30-year fixed ReFi is 7.38%, compared to 7.32% a week earlier. For borrowers who want a shorter ReFi, the average rate...
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Q1 2024 Earnings Call Transcript
Insider Monkey via Yahoo Finance· 11 hours agoCherry Hill Mortgage Investment Corporation (NYSE:CHMI) Q1 2024 Earnings Call Transcript May 6, 2024...
Will home equity loan rates drop in May?
CBS News· 5 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
What will happen to home prices if mortgage rates stay high? Experts weigh in
CBS News· 1 day agoThe Federal Reserve continues to battle inflation, which has topped 3% for the first three months of 2024. With inflation moving in the wrong direction, mortgage rates have ...
The Fed indicated rates will remain higher for longer. What does that mean for you?
Los Angeles Times· 3 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
MCT Reports A 2% Lock Volume Increase Despite Rising Rates
Traverse City Record-Eagle· 8 hours agoSAN DIEGO, Calif., May 7, 2024 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets ...
Weekly Mortgage Rates Rise Again, While Home Sales Increase, Too - NerdWallet
Nerdwallet· 5 days agoMortgage rates have climbed five weeks in a row and are now at their highest levels since the week...
Rates rise - Current mortgage rates, May 3, 2024
Bankrate.com· 5 days agoRates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans jumped. The movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor ...
5 ways to lower your mortgage payment right now
CBS News· 5 days agoIf that's your experience, it may help to rethink one of the largest monthly expenses most people have — your mortgage. The median monthly mortgage...