Search results
Why you should get a home equity loan with interest rates on hold
CBS News· 1 day agoAlready stuck at a 23-year high between 5.25% and 5.50%, the pause further delays any help borrowers...
Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
Yahoo Personal Finance· 6 hours agoFirst, think about how long you plan to stay in the home. An ARM may make sense if you are fairly...
Will home equity loan rates drop in May?
CBS News· 9 hours agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
Buying a new home becomes even more expensive for borrowers
KGWN-TV Cheyenne· 3 hours agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage...
Mortgage rates today, May 2, 2024: High rates for the foreseeable future
Yahoo Personal Finance· 16 hours agoIt needs to see consistent, longer-term evidence that inflation is working toward the target rate of...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via Yahoo Finance· 1 day agoThe cost of a home equity line of credit (HELOC) should remain flat since HELOCs stay aligned with...
When to rent and buy in central Ohio? A local realtor gives insight
WBNS-10TV Columbus· 3 hours agoShaun Simpson with Real Broker in Columbus said mortgage rates are higher compared to the last ten...
Fed holds interest rates higher for even longer as inflation remains high
FOX Business· 10 hours agoThe Federal Reserve said that a lack of progress in bringing inflation down over the last few months...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 10 hours agoFor one new-home sales adviser based in Summerville, S...Finance. “A lot of people are very budget...
No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 12 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...