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Buy or rent? Study shows renting is more affordable in the 50 largest metros
Bankrate via AOL· 4 days agoIn 2022, the average...Balancing finances and lifestyle: the choice between buying and renting The ...
Average long-term U.S. mortgage rate climbs above 7% to highest level since late November
Newsday· 7 days agoProspective homebuyers are facing higher costs to finance a home with the average long-term U.S. ...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
McComb Enterprise-Journal· 24 hours agoBoard chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, March 20, 2024. Most analysts expect that the central bank will leave its benchmark borrowing ...
Fed Meeting Update: Interest Rates Will Stay High Until Inflation Cools
CNET· 17 hours agoThe Fed on Wednesday decided to hold the federal funds rate at a target range of 5.25% to 5.50% for...
FOMC holds rates in place and will slow balance sheet drawdown By Reuters
Investing.com· 24 hours agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
Steps to take if you feel like 'mortgage prisoner' in your home, you can get out
The US Sun· 4 days agoHomeowners who bought their homes using low-interest mortgages are now finding themselves trapped in "golden handcuffs" as moving would mean assuming < ...
Chelsea Groton reports 2023 as a ‘solid year’
The Day· 2 hours agoGroton ― Chelsea Groton Bank’s net operating income hit $17.4 million in its most recent annual report released this week, an increase of 5.4 percent...
3 things to do (and 3 things to avoid) with interest rates paused
CBS News· 22 hours agoDespite hope in late 2023 and early 2024 that interest rates would be cut this spring, the Federal...
I'm a personal finance expert: Here's why you need to invest in a CD today
AOL· 21 hours agoInflation is going down steadily A 4% or 5% APY is still higher than the current 3.5% inflation rate...
Powell Likely to Signal That Lower Inflation Is Needed Before Fed Would Cut Rates
US News & World Report· 2 days agoWall Street traders now envision just a single rate cut this year to the Fed's benchmark rate, now at a 23-year high ...