Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Tag: Interest Rates
Mortgage Rates Rise Again
The 30-year fixed-rate mortgage (FRM) rose from last week’s average of 6.71% to an average of 6.81% this week, according ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
Mortgage Rates Move Up Modestly
After three weeks of declines, the 30-year fixed-rate mortgage (FRM) moved up modestly from last week’s average of 6.67% to ...
MBA Reports Third Week of Mortgage Application Increases
Mortgage applications increased 3.0% from last week’s slight increase of 0.5%, according to the latest Weekly Mortgage Applications Survey from ...
Mortgage Rates Continue to Slide Down
The 30-year fixed-rate mortgage (FRM) averaged 6.67% this week, another decline from last week’s dip to 6.69%. This is the ...
Mortgage Applications Continue Second Week of Increases
Mortgage applications continued their second straight week of increases, rising slightly at 0.5% from the previous week’s 7.2% increase, according ...
Mortgage Rates Continue to Come Down
The 30-year fixed-rate mortgage (FRM) averaged 6.69%, down from 6.71% the previous week, according to the latest Primary Mortgage Market ...
Fed Pauses Rate Hikes Amid Cooling Inflation, With Further Increases Likely
It's been a long time coming, but folks—and the economy—can take a cautious sigh of relief as the Federal Reserve ...
Mortgage Applications Increase This Week
After four weeks of declines, mortgage applications increased 7.2% from last week’s dip of 1.4%, according to the latest Mortgage ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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