Browsing Tag
rates
The greatest macroeconomic story ever told? How high rates and boomer spending saved America
(Kitco News) – With the Federal Reserve signaling at their May meeting that they fully intend to keep interest rates at highs not seen in over 20 years until stubborn inflation levels show sustained improvement, market participants have…
Mortgage demand from homebuyers drops even as interest rates pull back
Applications to refinance a home loan, which are most sensitive to weekly rate changes, increased 5% for the week and were 7% higher than the same week one year ago."Treasury yields continued to move lower last week and mortgage rates…
The case for forever high interest rates
By Yoruk Bahceli(Reuters) - If financial markets are right, interest rates won't just stay high this year, but possibly forever.The return of inflation means ultra-low rates are history. And markets now reflect a scenario where even the…
Housing market: Meet boomers locked in place by mortgage rates
Brenda Edwards considers the four bedroom ranch-style house where she has lived for 20 years her forever home. It’s where the 70-year-old retired nurse and her 79-year-old husband want to stay as their mobility becomes more limited.…
How rich homebuyers are avoiding high mortgage rates
The all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy.Luxury housing markets in New York and Florida are boasting near record-high shares of transactions paid in cash, according to first quarter data from…
Relief from high mortgage rates isn’t coming soon, experts say
If you expected lower mortgage rates to make buying a home slightly cheaper this spring, consider your hopes dashed, experts say.The Federal Reserve put a hold on interest rate cuts last week and tweaked plans for its balance sheet,…
Vietnam dong, gold rates – May 9
Vietnam dong, gold rates - May 9
!-->!-->!-->!-->!-->!-->…
Mortgage rates ease as the labor market cools
Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report.
HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate…
Market exchange rates in China — May 6
BEIJING, May 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced Monday by the China Foreign Exchange Trade System: Currency Unit…