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Profile picture of The Hill (newspaper)
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
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 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 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 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 Sky News
Money latest: TSB announces big increases to mortgage rates - as 'market thrown into turmoil'
news.sky.com/story/money-latest-consumer-personal-finance-mortgages-13040934
Money latest: TSB announces big increases to mortgage rates - as 'market ...
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 Sky News
Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to ... Show more
23:11
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 MarketWatch
I got a loan modification and ended up with a 52-year mortgage. Is this normal? : ‘I found out last year, after talking to a few people who have also done a ...
marketwatch.com/story/i-couldnt-pay-my-370-000-mortgage-so-i-applied-for-a-loan-modification-now-i-have-a-52-year-loan-is-this-normal-0dd5efb5
I got a loan modification and ended up with a 52-year mortgage ...
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 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 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 The York Press
York among UK's most expensive places for first-time buyers: Find out why York has been revealed as one of the most expensive places for first-time buyers in the ...
yorkpress.co.uk/news/24274865.york-among-uks-expensive-places-first-time-buyers/
York among UK's most expensive places for first-time buyers
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 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
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 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 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
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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?
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 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 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 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
Profile picture of Manchester Evening News
First-time buyers 'win' but homeowners face 'shaky' times amid inflation drop: Property experts have weighed in after the UK inflation rate has dropped to 3 ...
manchestereveningnews.co.uk/news/property/falling-inflation-win-first-time-29010886
First-time buyers 'win' but homeowners face 'shaky' times amid inflation ...
Quick Glance: Powell Warns of Lack of Progress on Inflation
  • Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

  • Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

  • Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

  • Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Profile picture of usnews.com
New Home Sales See a Spring Bump in March: Sales picked up sharply from a weak February.
usnews.com/news/economy/articles/2024-04-23/new-home-sales-see-a-spring-bump-in-march
New Home Sales See a Spring Bump in March
Profile picture of inews.co.uk
‘It’s been hell’: One homeowner’s battle to sell her flat with cladding: Stacey Greenfield cannot sell her flat as she is still awaiting remediation work on the ...
inews.co.uk/inews-lifestyle/money/property-and-mortgages/homeowner-battle-sell-cladding-flat-3013807
‘It’s been hell’: One homeowner’s battle to sell her flat with cladding
Profile picture of My London
First-time buyers facing most expensive properties in 70 years: A new report has said first-time buyers could be repaying their mortgage for 20 or 30 years of ...
mylondon.news/news/property/first-time-buyers-facing-most-29037490
First-time buyers facing most expensive properties in 70 years
Profile picture of News.com.au
Worst news possible for Aussie homeowners: There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to ...
news.com.au/finance/economy/interest-rates/fears-interest-rates-could-be-hiked-in-2024/news-story/7be393c0c52b480c16d3c60d53d07c03
Worst news possible for Aussie homeowners
Profile picture of The Irish Times
Woman has €2.7m of €3m debt written off for just over €1,300 : Arrangement over mostly the same loans is approved for woman’s husband by High Court
irishtimes.com/crime-law/courts/2024/04/23/woman-has-27m-of-3m-debt-written-off-for-just-over-1300/
Woman has €2.7m of €3m debt written off for just over €1,300
Profile picture of The Local
Today in Norway: A roundup of the latest news on Tuesday: Southern Norway braces for highest electricity prices of the year, Sbanken announces mortgage interest ...
thelocal.no/20240423/today-in-norway-a-roundup-of-the-latest-news-on-tuesday-146
Today in Norway: A roundup of the latest news on Tuesday
Profile picture of MarketWatch
We bought a house with a 6.6% mortgage rate. Should we sell our rental property?: ‘The way I look at it, paying the mortgage off now would give us a guaranteed 6 ...
marketwatch.com/story/my-wife-and-i-bought-a-vacation-home-with-a-6-6-mortgage-rate-should-we-sell-our-rental-property-to-pay-it-off-6bf6283a
We bought a house with a 6.6% mortgage rate. Should we sell our rental ...
Profile picture of The Boston Globe
Home loans in demand despite mortgage rates above 7 percent: Despite sky-high mortgage rates, demand for home loans may be increasing in Greater Boston.
bostonglobe.com/2024/04/22/business/mortgage-rates-home-buyers-loans/
Home loans in demand despite mortgage rates above 7 percent
Profile picture of inews.co.uk
Is Liz Truss not to blame for high mortgages? Claims fact-checked: Liz Truss has refused to take the blame for higher mortgage rates that hit homeowners ...
inews.co.uk/news/liz-truss-high-mortgages-fact-check-3017819
Is Liz Truss not to blame for high mortgages? Claims fact-checked
Profile picture of Yorkshire Post
Why now could be the best time to buy and sell a home: Average new seller asking prices have risen by 1.1% this month, according to the latest Rightmove data ...
yorkshirepost.co.uk/lifestyle/homes-and-gardens/why-now-could-be-the-best-time-to-buy-and-sell-a-home-4599941
Why now could be the best time to buy and sell a home
Profile picture of Euronews
Low-income Europeans facing hard times over housing cost struggle: ECB research shows that more than one-fourth of low-income households expect late payments on ...
euronews.com/business/2024/04/22/low-income-europeans-face-hard-times-in-housing-cost-struggle
Low-income Europeans facing hard times over housing cost struggle
Profile picture of Premium Times
Living Trust Mortgage Bank appoints chairman nominated by Osun govt: The announcement lays to rest the conflict between the top two shareholders of the company ...
premiumtimesng.com/regional/ssouth-west/687779-living-trust-mortgage-bank-appoints-chairman-nominated-by-osun-govt.html
Living Trust Mortgage Bank appoints chairman nominated by Osun govt
Profile picture of Ad Age
Zillow acknowledges the current challenges of buying a home in a new campaign: Buying a home in 2024 is nothing short of a mission. With inventory shortages ...
adage.com/creativity/work/zillow-acknowledges-current-challenges-buying-home-its-new-campaign/2554296
Zillow acknowledges the current challenges of buying a home in a new ...
Profile picture of MarketWatch
‘Should I live under a bridge?’ I get $5,600 a month in Social Security and retirement income, but my property taxes will soon be $20,000. Who can help?
marketwatch.com/picks/should-i-live-under-a-bridge-i-get-5-600-a-month-in-social-security-retirement-income-but-my-property-taxes-will-soon-be-20-000-who-can-help-92dee1d9
‘Should I live under a bridge?’ I get $5,600 a month in Social Security ...
Profile picture of The Nassau Guardian
Central Bank praised for relaxed mortgage lending rules: The managing director of Scotiabank Bahamas Ltd. has praised The Central Bank of The Bahamas (COB) for ...
thenassauguardian.com/business/central-bank-praised-for-relaxed-mortgage-lending-rules/article_117c0eec-0036-11ef-a8c5-8f8818886c70.html
Central Bank praised for relaxed mortgage lending rules
Profile picture of The Punch
Govt mulls commercialisation of FMBN: xcerpt Nigerian government plans to commercialise the Federal Mortgage Bank as part of efforts to enhance housing delivery ...
punchng.com/govt-mulls-commercialisation-of-fmbn/
Govt mulls commercialisation of FMBN
Profile picture of The Punch
Rising interest rates affecting housing delivery – IMF: The International Monetary Fund has stated that central banks’ decision to hike interest rates to curb ...
punchng.com/rising-interest-rates-affecting-housing-delivery-imf/
Rising interest rates affecting housing delivery – IMF
Profile picture of San Francisco Chronicle
Mortgage rate map: ‘Lock-in effect’ more dramatic in SF Bay Area: Here’s the average mortgage rate among San Francisco Bay Area homeowners now — and how it ...
sfchronicle.com/projects/2024/mortgage-rates-map-bay-area/
Mortgage rate map: ‘Lock-in effect’ more dramatic in SF Bay Area