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Current Mortgage Interest Rates on Oct. 5, 2022: Important Rate Eases
Today, mortgage rates were varied, but one benchmark rate sank. See how the Fed's interest rate hikes could affect your home loan payments. Mortgage rates today followed a split path, but...

Can Markets Continue Adding To Recent Gains?
...includes its retail division. This morning we also learned week over week mortgage applications fell over 14%. With 30 year mortgages now hovering around 6.75%, that isn’t too much of a surprise...

Daily Dozen | Forbes: ‘Ominous’ Labor Plunge; Square Foot Squeeze; Putin’s ‘Killer Whale’
...7% 30-year fixed mortgage rate—the highest since July 2006, ahead of the housing market collapse—that is 3% higher than a year ago. Kim Kardashian’s $1.26 million fine from the U.S. Securities...

As Savings Rates Rise, Should You Switch to an Online Bank? - CNET
...neobank. At a minimum, you want to make sure that it provides FDIC insurance, which means that the federal government will insure your individual account up to $250,000 in the event the neobank...

Buying a house in Minnesota: A how-to
...years. Tips for buying a house in Minnesota Before you start comparing mortgage rates in Minnesota, it’s important to have an idea of what kind of home you’re looking to buy — and how much...

What are 40-year mortgages?
When comparing mortgage rates, the two most common loan terms are 15 years and 30 years. While 30-year mortgage payments are lower than 15-year ones, with interest rates climbing quickly, those...

Reverse mortgages see steep monthly pullback in September
...mortgages only and excludes proprietary products.  At the same time that mortgage rates have climbed, reverse mortgage lenders find themselves facing a growing list of nonbank originators offering...

By August 2023 home price growth will slow to 3.2%
...0.7% from July.  The increased cost of homeownership is dampening home buyer demand, thereby stalling home price growth, the report said. Concurrently, high mortgage rates are pushing down the...

Coming CPI Inflation Reports Could Spike According To Most Recent Forecasts
...further concern for markets and perhaps more risk for the U.S. housing market too.

LoanDepot has cut its funding capacity by $1 billion
...of the past seven weeks, according to the Mortgage Bankers Association, and mortgage rates are approaching 7% after climbing 41 basis points last week to 6.7%, according to Freddie Mac. The turbulent...