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Financial Market News
You are at:Home»Posts Tagged "Mortgages" (Page 6)

Mortgage demand stalls, even as interest rates moderate

By FinMar NewsApril 17, 2024

A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty ImagesThe usually…

Why new build homes can lead to a property tax surprise

By FinMar NewsApril 14, 2024

Comstock Images | Stockbyte | Getty ImagesIt’s not unusual for new homeowners to face financial surprises, but people buying a newly built home may be more…

Mortgage refinance demand surges even as rates cross back over 7%.

By FinMar NewsApril 13, 2024

This aerial picture shows homes near the Chesapeake Bay in Centreville, Maryland, on March 4, 2024.Jim Watson | Afp | Getty ImagesOverall mortgage demand has now…

Here are three signs it might be time to refinance your mortgage

By FinMar NewsApril 11, 2024

Westend61 | Westend61 | Getty ImagesIt’s unclear when the Federal Reserve could begin cutting interest rates, but many homeowners who took out a mortgage in recent…

High cost of upgrading to a nicer home is locking up the market

By FinMar NewsApril 9, 2024

The spring housing market is defying expectations that prices would cool and competition would ease.Higher mortgage rates usually cool both prices and demand, as they did…

Housing ‘affordability has just totally collapsed,’ economist says

By FinMar NewsApril 8, 2024

10’000 Hours | Digitalvision | Getty ImagesHousing costs are outpacing median household incomes in the U.S., further straining affordability.Would-be homebuyers need to earn $113,520 a year…

Weekly mortgage demand stays stalled, as high rates deter buyers

By FinMar NewsApril 7, 2024

A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesMortgage rates didn’t move much last week, and for the…

Federal Reserve may not hike interest rates. What that means for you

By FinMar NewsOctober 27, 2023

Credit card rates top 20%Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate.After the previous rate hikes, the average…

Homebuyers must earn $400,000 to afford a home in these metro areas

By FinMar NewsOctober 26, 2023

As home prices and interest rates rise, would-be homebuyers need a salary of $114,627 to afford a median-priced house in the U.S., according to a recent report by…

Will Americans ever be able to afford to buy a home again?

By FinMar NewsOctober 25, 2023

Nurphoto | Nurphoto | Getty ImagesAs mortgage rates reached a 23-year high last week, the cry went off across markets and social media: Is housing affordability…

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