Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race
Category: Mortgages
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What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.
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U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023
The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.
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Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
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In Japan, the Era of ‘Free’ Mortgages Is Coming to an End
Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates.
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
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30-Year Mortgage Rate Falls to 6.35%
Further declines could encourage more activity from buyers and sellers.
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30-Year Mortgage Rate Dips to 6.46%; Home Sales Rise
Home buyers this week saw the lowest average rate since early 2023, and existing-home sales rebounded in July. Analysts predict more relief ahead.
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Consumer Protection Agency Cracks Down on Seller-Backed Home Sales
Risky contract-to-deed home sales are subject to the same protections as mortgaged-financed homes, the consumer protection agency said.
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30-Year Home Mortgage Rate Falls to 6.47%
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.