WASHINGTON (AP) — U.S. mortgage rates rose this week as the economy showed signs of strength, which makes it more likely that the Federal Reserve will raise its short-term rate next week.
Similar Stories to Us Mortgage Rates Rise, Though Remain Historically Low on Bing News
www.stltoday.com - RSS Results in business* of type article, St. Louis Post-Dispatch: Business
Thu, 12/07/2017 - 9:14am
BING NEWS:
- Mortgage demand remains subdued as high rates put off borrowers
However, increased applications have yet to translate into any actual rise in mortgage lending ... “Cost of living pressures remain, and with 1.6m mortgages due to come off fixed rates this year, ...
06/2/2024 - 10:53 pm | View Link - Home prices rose 0.8% in May – supply shortfall outweighs high rates but wide divergence in gains
CoreLogic data showed national average home prices rose 0.8% in May, their strongest rise since last October. The housing market remains remarkably resilient with the housing shortage and still solid ...
06/2/2024 - 10:24 am | View Link - Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report showed inflation made a bit of progress toward the Fed's 2% goal last month ...
05/31/2024 - 11:04 am | View Link - Higher for longer rates mean no escape from the debt squeeze
From weekly shopping to mortgages and big deals in the world of finance, there are examples around the world of pressures from higher borrowing costs.
05/31/2024 - 6:14 am | View Link - Mozo Money Moves: Fixed rates rise but Mozo expert “confident RBA’s next move is still a cut.”
This week the spotlight falls on the uptick in the monthly CPI data and its potential impact on the direction of the next cash rate decision from the RBA.
05/30/2024 - 7:37 pm | View Link - More
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