Lower Mortgage Rates A Boon For Monthly Payments
Despite continued high home prices, housing payments are down to lowest level in eight months
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Tagged: Interest Rates
Interest Rate Cut Reinforced By Wednesday's Inflation Data
Consumer Price Index makes smallest annual increase in three years
Sep 11, 2024
An Estimated 4M Loans Await Refinancing Once Rates Hit 6%
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Sep 10, 2024
Lack Of Financial Knowledge Leads Borrowers To Overpay
The Philadelphia Fed's study finds limited borrower sophistication may provide lenders with market power.
Jun 20, 2024
Fed Projects A Single Rate Cut As Inflation Eases In May
“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.
Jun 12, 2024
Blockbuster Jobs Report Staves Off Recession But Delays Rate Cuts
Hot May jobs report signals further delays in rate cuts, according to the MCT June Indices report
Jun 10, 2024
Sluggish Start To The Spring Homebuying Season
High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.
May 16, 2024
43% Of New Homeowners Struggle To Make Mortgage Payments
And 44% have taken on extra debt to maintain their lifestyle, according to a new survey from Clever Real Estate.
May 14, 2024
Economists Less Confident Rates Will Drop Following Fed Decision
After sixth consecutive month with no change, the likelihood of cuts in 2024 feels "more out of reach."
May 01, 2024
Hotter-Than-Expected Inflation Keeps Rates Higher
Fannie Mae forecasts fewer Federal Reserve rate cuts this year.
Apr 23, 2024