Homebuyers are stuck as mortgage rates defy Fed’s rate cut
The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for prospective homebuyers, it’s brought more frustration: Mortgage rates have actually risen in recent weeks. Statewide, the median home price jumped 6.2 percent, to $600,000, as sales fell 3.7 percent.
Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation ...
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
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The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto OutlookLast week’s inflation report did little to change the Federal Reserve’s easing cycle. Over the last few weeks, the yield on ...
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this ...
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level ...
The Nuveen Floating Rate Income Fund offers an attractive 11.50% yield, but is unlikely to maintain this due to expected ...
San Diego County's unemployment rate declined slightly in September, down to 4.6% from a revised 5.1% in August, and above ...
A mortgage rate lock guarantees you’ll receive the interest rate on the date you locked in the rate, even if rates change ...
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