They are opting for adjustable-rate mortgages, or ARMs. These loans initially offer cheaper borrowing rates compared with a ...
The current average mortgage rate on a 30-year fixed mortgage is 6.28%, according to the Mortgage Research Center. The average rate on a 15-year mortgage is 5.41%, while the average rate on a 30-year ...
Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Drop 0.08% ...
While the move helps avoid potential liquidity crises that could damage financial markets, it falls short of being as ...
Australians are splurging on everything from clothes and appliances to gym memberships despite the cost-of-living crisis. New figures released by the Australian Bureau of Statistics (ABS) on Monday ...
For the quarter, Voya Intermediate Bond Fund outperformed its benchmark, the Bloomberg US Aggregate Bond Index (the Index) on a net asset value basis.
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government ...
The nation has not yet embraced the idea that housing needs to be more affordable, or that it's the most important economic ...
The NYC mayoral race could change everything for real estate as Andrew Cuomo, Zohran Mamdani and Curtis Sliwa present very ...
Warning signs are flashing in all corners of the US economy as regular Americans are under increasing pressure.
Over the last few years, the Fed has been paying attention to various economic indicators to determine how to proceed with ...