Por: CNN Business September 22, 2022
Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve. More from Financial Empowerment The 30-year fixed-rate mortgage averaged 6.29% in the week ending September 22, up from 6.02% the week before, according to Freddie Mac. That is significantly higher than this time last year, when it was 2.88%, and it is the highest level seen since... + full article
Associated Press USA Life September 23, 2022
WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2008 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.Mortgage buyer Freddie Mac reported... + más
Mortgage rates rise to nearly 6.3%, the highest level since 2008 | CNN
Average US long-term mortgage rates climb to 6.29% this week | ABC News
CNBC USA Business September 22, 2022
watch nowVIDEO2:2502:25Mortgage rates pose challenge for potential home buyersSales of previously owned homes fell 0.4% in August from July to a seasonally adjusted annualized rate of 4.80 million units, according to the National Association of Realtors. That is the slowest... + más
Baton Rouge area home sales drop for sixth consecutive month, see how far they fell | The Advocate
Home sales dropped 20% in August from a year ago | CNN
CNN USA Business September 22, 2022
This is an updated version of a story that originally ran on August 26, 2022. In its continued bid to quash high inflation, the Federal Reserve on Wednesday the overnight bank lending rate to a range of 3% to 3.25%. It is the fifth increase by the US central bank in six months... + más
How steep Fed rate hikes affect your finances | 10 WBNS
How steep Fed rate hikes affect your finances | ABC News
CBS News USA Business September 22, 2022
Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.Mortgage buyer Freddie Mac Thursday that the 30-year rate... + más
ABC News USA Life September 22, 2022
WASHINGTON -- Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2008 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.Mortgage buyer Freddie Mac reported Thursday... + más
Average US long-term mortgage rates climb to 6.29% this week | Associated Press
Associated Press USA Business September 21, 2022
Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.The National Association of Realtors said Wednesday that... + más
Retail sales up 0.3% in Aug. from July amid inflation | ABC News
ABC News USA Politics September 21, 2022
For Emily and Michael Brown, hit close to home.The Browns had been renting a two-bedroom apartment in Washington, D.C., when their now-6-month-old daughter was born. Eager to upgrade to a bigger space, the couple wanted to put their savings to use buying their first home.But as... + más
US markets sink ahead of another expected interest rate hike | ABC News
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