Tag: Mortgages
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Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
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Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately
The CEO of the nation’s largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.
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Interest rates may stay higher for longer. What that means for consumers
Any move toward higher rates would increase borrowing costs for consumers at a time when affordability pressures are already mounting.
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United Wholesale Mortgage plunges 40% after suspending dividend and raising capital
“We’re taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come,” CEO Mat Ishbia said in a statement.
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Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels
Mortgage rates rose to the highest level in over a year, causing total mortgage demand to drop below year-ago levels.
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Buying a condo with a mortgage may soon get more complicated. Here’s why
New policies that apply to mortgages for condos take effect Aug. 3, and some experts are sounding the alarm that buyers may see delays or denials.
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Fed holds rates steady: What it means for credit cards, savings accounts, mortgages and auto loans
The Fed’s benchmark affects many of the interest rates consumers see every day, including those tied to mortgages, credit cards, car loans and savings accounts.
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Why bond investors are pushing up some of your interest rates
Many types of consumer loans like mortgages peg their interest rate to the yield on 10-year Treasury bonds, which has been moving higher.
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Rick Rieder says income investors are facing a new regime. Here’s where he is investing now
BlackRock’s Rick Rieder sees opportunities for income in select areas of the market for the third quarter.
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Mortgage rates are rising again, but homebuyers are seeing some advantages
Mortgage rates last week rose to the highest level since last August, but homebuyer demand rose as well, as buyers see more supply.
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