Profile picture of Insider (news website)
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Average mortgage holder spending record $2,800 on monthly payments
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of Kiplinger
Hot Tips for Home Buyers and Sellers Right Now: Real estate looks to be especially hopping this spring, thanks to pent-up demand and buyers adjusting to higher ...
kiplinger.com/real-estate/hot-tips-for-home-buyers-and-sellers-right-now
Hot Tips for Home Buyers and Sellers Right Now
Profile picture of CNET
Today’s American Dream Is Renting, Not Buying. This Expert Agrees: Some people rent because they can't afford to buy a home. Others do it simply because ...
cnet.com/personal-finance/mortgages/advice/todays-american-dream-is-renting-not-buying-this-expert-agrees/
Today’s American Dream Is Renting, Not Buying. This Expert Agrees
Profile picture of Daily Mirror
Taxi driver won lottery six weeks ago – but hasn't seen a penny due to new rule: Ray Laird from Bootle, Merseyside, has been playing the National Lottery for 30 ...
mirror.co.uk/news/uk-news/i-won-national-lottery-six-32571231
Taxi driver won lottery six weeks ago – but hasn't seen a penny due to new ...
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of NPR
Housing experts say there just aren't enough homes in the U.S.: The United States is millions of homes short of demand, and lacks enough affordable housing units ...
npr.org/2024/04/23/1246623204/housing-experts-say-there-just-arent-enough-homes-in-the-u-s
Housing experts say there just aren't enough homes in the U.S.
Profile picture of BBC News
First-time buyers face toughest test for 70 years, lenders say: First-time buyers depend on two high incomes or parental support, the Building Societies ...
bbc.com/news/articles/c87zgx42m5go
First-time buyers face toughest test for 70 years, lenders say
Profile picture of Reuters
US new home sales rebound to six-month high; rising mortgage rates a concern: Sales of new U.S. single-family homes rebounded in March from February's downwardly ...
reuters.com/markets/us/us-new-home-sales-rebound-march-2024-04-23/
US new home sales rebound to six-month high; rising mortgage rates a ...
Profile picture of Axios (website)
Mortgage rates reach new high for 2024: Our frozen housing market may not unthaw this spring due to lack of affordability.
axios.com/2024/04/24/mortgage-rates-high-april-2024
Mortgage rates reach new high for 2024
Profile picture of The Wall Street Journal
The Hidden Costs of Homeownership Are Skyrocketing: Rising insurance premiums, property taxes and maintenance costs show little sign of abating ...
wsj.com/economy/housing/housing-affordability-taxes-insurance-costs-rise-bca64df1
The Hidden Costs of Homeownership Are Skyrocketing
Profile picture of Reuters
The best time to sell your home in the US is now: If you are selling a home in the U.S., you may wonder when to put it on the market and get the best price.
reuters.com/markets/us/best-time-sell-your-home-us-is-now-2024-04-15/
The best time to sell your home in the US is now
Profile picture of The Seattle Times
U.S. housing market paralyzed by lock-in effect | Analysis: For homeowners not looking to move anytime soon, the low rates they secured will benefit them for ...
nytimes.com/2024/04/15/upshot/mortgage-rates-homes-stuck.html
U.S. housing market paralyzed by lock-in effect | Analysis
Profile picture of inews.co.uk
“After interest rates rocketed, our mortgage repayments went up from £430 a month to £2,079,” says Tanya Love, who moved to a rural cottage in Portugal and ... Show more
Profile picture of BBC News
South Poorton: Historical coins found under floor sell for £60,000: The cache of more than 1,000 gold and silver coins was found during renovation work at a ...
bbc.com/news/uk-england-dorset-68885685
South Poorton: Historical coins found under floor sell for £60,000
Profile picture of CNA
Quick Glance: Homeowners Face Prolonged High Mortgage Rates Amid Market Challenges
  • Currently, mortgage rates can be above 4 percent. An anticipated rate decrease is now expected by the end of next year.

  • Observers noted a trend of homeowners transitioning to fixed mortgage rates due to a high interest rate environment.

  • Real estate agents highlighted challenges in finding tenants with an oversupply of apartments in the market.

  • Analysts suggested that homeowners may need to endure longer periods of high mortgage rates before seeing significant declines.
Profile picture of The Hill (newspaper)
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
Mortgage rates hit highest level since November after hot inflation report
Profile picture of Sky News
Money latest: Four big lenders hike mortgage rates amid interest rate uncertainty
news.sky.com/story/money-latest-consumer-personal-finance-mortgages-13040934
Money latest: Four big lenders hike mortgage rates amid interest rate ...
Profile picture of Axios (website)
Renting vs buying: More renters say homeownership is out of reach, Redfin reports
axios.com/2024/04/12/rent-mortgage-housing-affordablity-report-redfin
Renting vs buying: More renters say homeownership is out of reach ...
Profile picture of Sky News
#LizTruss has told #Sky News it was “wrong” to suggest she was responsible for the rise in #mortgage rates. Watch the full #interview with the former prime minister on ... Show more
Profile picture of The Age
No mortgage? No worries: Melbourne property buyers pay cash instead: Some investors have been deterred by higher taxes, but others are snapping up properties in ...
theage.com.au/property/news/no-mortgage-no-worries-melbourne-property-buyers-pay-cash-instead-20240325-p5ff3t.html
No mortgage? No worries: Melbourne property buyers pay cash instead
Profile picture of Financial Times
UK rents rose at a record pace of 9.2% last month while house prices stagnated, with London hit hardest, as higher borrowing costs continued to squeeze both ... Show more   www.ft.com/content/5ec2740e-5c23-4440-a798-fc5198745d50
Profile picture of The Birmingham News
Tagovailoa brothers are ‘dreammates’ in NFL Draft ad: Taulia Tagovailoa is hoping to join his older brother in the pros.
al.com/sports/2024/04/tagovailoa-brothers-are-dreammates-in-nfl-draft-ad.html
Tagovailoa brothers are ‘dreammates’ in NFL Draft ad
Profile picture of Metro (British newspaper)
Liz Truss admits why she thinks she failed as Prime Minister: In an interview on Sky, she refused to apologise (again), saying mortgage rates have gone up ...
metro.co.uk/2024/04/21/liz-truss-admits-thinks-failed-prime-minister-20687684/
Liz Truss admits why she thinks she failed as Prime Minister
Profile picture of Insider (news website)
Home prices to jump 5% as housing market looks tighter than in 2023: economist: The housing market looks even tighter than it did in 2023 as the demand for homes ...
businessinsider.com/home-price-forecast-housing-market-outlook-mortgage-rate-lock-inventory-2024-4
Home prices to jump 5% as housing market looks tighter than in 2023: ...
Profile picture of Richmond Times-Dispatch
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates: Shop for a home now or hold out for possibly lower mortgage rates? That’s a question ...
richmond.com/news/nation-world/business/economy/homebuyers-homebuying-season-mortgage-rates-lower-federal-reserve/article_31cdf735-82d3-56f7-9157-b91ac41d2a56.html
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
Profile picture of The Sydney Morning Herald
Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
Should we use savings to pay down mortgage or invest in shares?
Profile picture of The New York Times
Picking a Jury to Try Trump, and What’s Next for Iran and Israel: Plus, the mortgages keeping people stuck in their homes.
nytimes.com/2024/04/15/podcasts/trump-trial-mortgage.html
Picking a Jury to Try Trump, and What’s Next for Iran and Israel
Profile picture of The New York Times
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up: On a scale not seen in decades, many Americans are stuck in homes they would rather leave.
nyti.ms/3Q2xnlA
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
Profile picture of North Wales Live
Taxi driver still hasn't received lottery winnings after six weeks: Ray Laird, who has been driving taxis for 50 years, is frustrated as he waits for an £800 ...
dailypost.co.uk/news/north-wales-news/taxi-driver-still-hasnt-received-28981835
Taxi driver still hasn't received lottery winnings after six weeks
Profile picture of The Local
How to lower the monthly cost of your Swedish mortgage: The mortgage makes up the biggest chunk of a lot of home owners' monthly bills ...
thelocal.se/20240216/how-you-can-lower-the-monthly-cost-of-your-swedish-mortgage
How to lower the monthly cost of your Swedish mortgage
Profile picture of Reuters
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit: Barclays reported a slightly smaller than expected 12% fall in first quarter profit on ...
reuters.com/business/finance/barclays-q1-profit-falls-12-2024-04-25/
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit
Quick Glance: Deutsche Bank Increases Quarterly Profit by 10 Percent
  • Deutsche Bank surpasses expectations in the first quarter of 2024 with a profit of 2 billion euros before taxes and 1.5 billion euros after taxes.

  • CEO Christian Sewing expresses satisfaction, citing the best results since 2013, emphasizing discipline in meeting cost targets, and the strong capital base.

  • Revenue in investment banking increases significantly, particularly through trading in bonds, currencies, and large loans.

  • Deutsche Bank invests in buying back its own shares, raises dividends, and plans job cuts to keep costs below 20 billion euros.
Profile picture of Star Tribune
To get a house for under $100K, consider a manufactured home: Formerly called mobile homes, this type of dwelling becomes a good bet for prospective buyers ...
startribune.com/mobile-home-manufactured-housing-trailer-double-single-wide/600357163/
To get a house for under $100K, consider a manufactured home
Profile picture of The Plain Dealer
The stage is set for Game 2 between the Magic and Cavaliers tonight at Rocket Mortgage FieldHouse. 🏀
Profile picture of Time
About 1 in 4 U.S. Adults Over 50 Say They Expect to Never Retire, Study Finds: Everyday expenses and housing costs, including rent and mortgage payments ...
time.com/6970537/about-1-in-4-u-s-adults-over-50-say-they-expect-to-never-retire/
About 1 in 4 U.S. Adults Over 50 Say They Expect to Never Retire ...
Profile picture of Fort Worth Star-Telegram
Dave Ramsey explains how your mortgage is key to early retirement
star-telegram.com/news/business/article287887730.html
Dave Ramsey explains how your mortgage is key to early retirement
Profile picture of Newsweek
Homebuyers Are Taking on Riskier Mortgages: Applications for adjustable-rate mortgages increased, according to lenders.
newsweek.com/homebuyers-are-taking-riskier-mortgages-1893675
Homebuyers Are Taking on Riskier Mortgages
Profile picture of The Herald (Glasgow)
Aberdeen 'least expensive city' to buy a first home say Rightmove: Aberdeen has been identified as the least expensive city to get on the property ladder while ...
heraldscotland.com/news/24274394.aberdeen-least-expensive-city-buy-first-home-say-rightmove/
Aberdeen 'least expensive city' to buy a first home say Rightmove
Profile picture of The Detroit News
Mary J. Blige, Cher, Ozzy Osbourne, A Tribe Called Quest and Foreigner get into Rock Hall
detroitnews.com/story/entertainment/music/2024/04/21/rock-and-roll-hall-of-fame-induction-2024/73407610007/
Mary J. Blige, Cher, Ozzy Osbourne, A Tribe Called Quest and Foreigner get ...
Quick Glance: Rock and Roll Hall of Fame 2024: New Class with Cher, Ozzy Osbourne, and More
  • The Rock & Roll Hall of Fame has unveiled artists like Mary J. Blige, Cher, Dave Matthews Band, Foreigner, Peter Frampton, Kool & The Gang, Ozzy Osbourne, and A Tribe Called Quest in the Performer category for the Class of 2024.

  • Among the honorees are Jimmy Buffett, MC5, Dionne Warwick, and Norman Whitfield, receiving the Musical Excellence Award. The Musical Influence Award will be presented to Alexis Korner, John Mayall, and Big Mama Thornton. Suzanne de Passe will be honored with the Ahmet Ertegun Award.

  • The induction ceremony is set for October 19 at the Rocket Mortgage Fieldhouse in Cleveland, Ohio. It will be broadcasted live on Disney+. An edited version will air on ABC at a later time and will be available on Hulu the following day.

  • Artists like Cher and Ozzy Osbourne are being celebrated for their impact on music and culture. The induction ceremony provides bands like the Dave Matthews Band and A Tribe Called Quest with the opportunity to reunite and celebrate past achievements.
Profile picture of Money
Many Homeowners Couldn't Afford Their Current House at Today's Prices: In a new survey, 38% of homeowners say they could not afford to buy the houses they ...
money.com/home-prices-unaffordable-today/
Many Homeowners Couldn't Afford Their Current House at Today's Prices
Profile picture of Money
The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
The Surprising Way Inflation Can Be Good for People With Debt
Profile picture of Bloomberg
Blackstone, KKR Mortgage REITs (BXMT, KREF) Face Souring Office Loans: Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling ...
bloomberg.com/news/articles/2024-04-24/blackstone-kkr-mortgage-reits-stung-by-office-debt-challenges
Blackstone, KKR Mortgage REITs (BXMT, KREF) Face Souring Office Loans
Profile picture of Money
The Cost of Buying a House Reaches a New Record High: The cost of buying a home hit a new record high thanks to rising house prices and mortgage rates ...
money.com/cost-of-buying-house-record-high/
The Cost of Buying a House Reaches a New Record High
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Barclays profit falls as mortgage lending and investment bank squeezed: Barclays said income from its UK operations fell 7% year on year.
news.stv.tv/world/barclays-profit-falls-as-mortgage-lending-and-investment-bank-squeezed
Barclays profit falls as mortgage lending and investment bank squeezed
Profile picture of Bloomberg
New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
New US Home Sales Jump to Highest Level Since September
Profile picture of blackpoolgazette.co.uk
I'm 25, with my dream job and I still live at home. I can only get a mortgage because of one life line
blackpoolgazette.co.uk/news/people/im-25-with-my-dream-job-and-i-still-live-at-home-i-can-only-get-a-mortgage-because-of-one-life-line-4602904
I'm 25, with my dream job and I still live at home. I can only get a ...
Profile picture of Chronicle Live
Martin Lewis' MSE on how to check if you're one of 365,000 being underpaid: The Low Pay Commission estimates that in the region of 365,000 people were underpaid ...
chroniclelive.co.uk/news/cost-of-living/martin-lewis-mse-how-check-29049217
Martin Lewis' MSE on how to check if you're one of 365,000 being underpaid
Profile picture of Investor's Business Daily
Rates Hit 23-Year Highs — Where To Borrow Money For 0% Now: Borrowing money these days without paying a king's ransom isn't easy ...
investors.com/etfs-and-funds/personal-finance/borrowing-money-rates-hit-23-year-highs-where-for-0-now/
Rates Hit 23-Year Highs — Where To Borrow Money For 0% Now
Profile picture of Birmingham Live
670,000 households warned they have missed mortgage payment: 670,000 home buyers have missed a mortgage payment in the past 12 months.
birminghammail.co.uk/news/cost-of-living/670000-households-warned-missed-mortgage-29056546
670,000 households warned they have missed mortgage payment
Profile picture of Essex Live
It's bad news for first time buyers and those whose mortgage terms are coming to an end as some major banks lift mortgage rates
Profile picture of Fox Business
Surge in home insurance costs adding more inflation pressure on Americans: Surging home insurance premiums are the latest obstacle to homeownership for millions ...
foxbusiness.com/economy/surge-home-insurance-costs-adding-more-inflation-pressure-on-americans
Surge in home insurance costs adding more inflation pressure on Americans
Profile picture of Financialexpress
HDFC Bank net profit up 37% at Rs 16,512 crore: The numbers are not strictly comparable on a year-on-year basis as a result of the merger of HDFC Bank with ...
financialexpress.com/business/industry-hdfc-bank-net-profit-up-37-at-rs-16512-crore-3463367/
HDFC Bank net profit up 37% at Rs 16,512 crore
Profile picture of Irish Examiner
Central Bank says inadequate support for borrowers contributes to mortgage arrears
irishexaminer.com/business/economy/arid-41381275.html
Central Bank says inadequate support for borrowers contributes to mortgage ...
Profile picture of The Hill (newspaper)
Could Dutch-style mortgages work in the US?: Dutch-style mortgages recently arrived in the U.K., but it could be a while before they come to the U.S.
newsnationnow.com/business/your-money/dutch-style-mortgages-us/
Could Dutch-style mortgages work in the US?
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Profile picture of The Times
Mortgages rise again over fears that base rate cuts won’t happen: Lenders take fright as inflation remains stubbornly high
thetimes.co.uk/article/mortgages-rise-again-over-fears-that-base-rate-cuts-wont-happen-ssdtrl88t
Mortgages rise again over fears that base rate cuts won’t happen
Profile picture of Jamaica Observer
PAID PARTNERSHIP @nationalhousingtrust has increased the number of external financing mortgage partners where you can get your loan ... Show more   www.nht.gov.jm/webaps/contact.nsf/tempLanding   #EFMP   #ExternalFinancingMortgageProgramme   #MoreWaysHome
Profile picture of Irish Independent
AIB Group increases payment to mortgage switchers as market heats up again: AIB Group is increasing the payment for those who move a mortgage to it in a sign ...
independent.ie/business/personal-finance/aib-group-increases-payment-to-mortgage-switchers-as-market-heats-up-again/a73819411.html
AIB Group increases payment to mortgage switchers as market heats up ...
Profile picture of The Gleaner
The planned divestment of Jamaica Mortgage Bank, via the stock market, contemplates a carve out of a large chunk of the bank for sale to a key investor prior ... Show more   jamaica-gleaner.com/article/business/20240424/goj-selling-40-mortgage-bank-prior-ipo   #GLNRFinance
Profile picture of Quartz
Luxury home prices hit a record in 2024 as half of wealthy buyers pay in cash: Upscale homes prices rose 9% in the first quarter of the year
qz.com/luxury-homes-price-record-1851427431
Luxury home prices hit a record in 2024 as half of wealthy buyers pay in ...
Profile picture of Newsweek
Number of New Homes for Sale Surges: Sales of new homes also rose, according to government data.
newsweek.com/housing-market-update-new-homes-construction-sale-surges-1893456
Number of New Homes for Sale Surges
Profile picture of The Dallas Morning News
D.R. Horton projects strong 2024, despite inflation and high interest rates: Arlington-based D.R. Horton, the country’s largest homebuilder, saw a 14% ...
dallasnews.com/business/real-estate/2024/04/18/tight-supply-of-homes-propels-builder-dr-horton-to-big-sales-profits/
D.R. Horton projects strong 2024, despite inflation and high interest ...
Profile picture of inews.co.uk
My husband is terminally ill – should I be added to the property deeds now?: A reader wants to know what they should do if they are not on the deeds of their ...
inews.co.uk/inews-lifestyle/money/property-and-mortgages/husband-terminally-ill-should-added-property-deeds-3018803
My husband is terminally ill – should I be added to the property deeds ...
Profile picture of Birmingham Live
Martin Lewis issues plea to UK renters and says 'please suggest': Sounds podcast host has issued a rallying cry to renters to get in touch with their questions ...
birminghammail.co.uk/news/cost-of-living/martin-lewis-issues-plea-uk-29042344
Martin Lewis issues plea to UK renters and says 'please suggest'
Profile picture of inews.co.uk
💬 “I was literally begging: please, can I just give this back?” says Stacey Greenfield who cannot sell her flat as she is still awaiting remediation work on ... Show more   inews.co.uk/inews-lifestyle/money/property-and-mortgages/homeowner-battle-sell-cladding-flat-3013807
Profile picture of Birmingham Live
Nationwide warns customers over 'indefinite crisis' that is 'worst for 70 years': The Building Societies Association has warned more and more first-time buyers ...
birminghammail.co.uk/news/cost-of-living/nationwide-warns-customers-over-indefinite-29042667
Nationwide warns customers over 'indefinite crisis' that is 'worst for 70 ...
Profile picture of The Star
New research shows that it is the hardest time for first time buyers to get on the ladder for over 70 years - those looking to purchase their first home are ... Show more
Profile picture of Ad Age
Watch the newest commercials from Rocket Mortgage, Puma, Lowe’s and more: Football players (and brothers) Taulia and Tua Tagovailoa talk about the idea having a ...
adage.com/article/hot-spots/new-commercials-rocket-mortgage-taulia-and-tua-tagovailoa-puma-lowes-springfest-great-clips-zhu-zhu/2554731
Watch the newest commercials from Rocket Mortgage, Puma, Lowe’s and more
Profile picture of MarketWatch
Sales of new homes rebound in March: New-home sales up nearly 9%, boosted by strength in the Northeast
marketwatch.com/story/sales-of-new-homes-rebounded-in-march-26f52aec
Sales of new homes rebound in March
Profile picture of Manchester Evening News
First time buyers issued 'positive' update as number of homes for sale booms: The average loan for a first-time buyer is currently around £215,000
manchestereveningnews.co.uk/news/cost-of-living/first-time-buyers-issued-positive-29043725
First time buyers issued 'positive' update as number of homes for sale ...
Profile picture of Insider (news website)
A major reason it's so expensive to own a home right now: The climate crisis is leading many insurance companies to raise homeowner premiums.
businessinsider.com/why-its-expensive-to-own-a-home-mortgage-insurance-interest2024-4
A major reason it's so expensive to own a home right now