Por: Orlando Sentinel Crime October 13, 2022
Mortgage interest rates have climbed to their highest levels in more than a decade, which means higher payments for less home. So an older loan known as an adjustable rate mortgage, or ARM, is making a comeback. “If you think rates are going to settle down or even go down, then you’re going to get that benefit from the ARM,” said Lee Foster, an Orlando-based sales manager with Fairway Independent Mortgage Co. The trend might cause concern... + full article
NBC News USA Business October 15, 2022
WASHINGTON — Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008 financial crisis, causing concern among... + más
Demand for riskier home loans is high as interest rates soar | CNBC
Private student loan interest rates surge for 5- and 10-year loans | Fox Business
NBC News USA Business October 12, 2022
Mortgage demand dropped again last week as rates climbed higher, but adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared... + más
CNBC USA Business October 12, 2022
watch nowVIDEO1:2901:29Demand for riskier home loans high as rates continue to climbMortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed... + más
Good news: Personal loan interest rates plunge for 3- and 5-year loans | Fox Business
Fox Business USA Business September 28, 2022
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as Credible below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions... + más
Today’s mortgage rates: Shorter terms rest for sixth straight day | Fox Business
Today’s mortgage rates: 30-year rates dive below 7% | Fox Business
CBS News USA Business September 22, 2022
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third... + más
Inflation is a global problem, here's how central banks are addressing it | CNN
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
CNN USA 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... + más
Average US long-term mortgage rates climb to 6.29% this week | ABC News
Average US long-term mortgage rates climb to 6.29% this week | Associated Press
ABC News USA Business September 22, 2022
The Federal Reserve’s string of has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the central bank aggressively raises interest rates to... + más
This is how the Fed's latest interest-rate hike will affect you | CBS News
Mortgage rates rise to nearly 6.3%, the highest level since 2008 | CNN
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