Items Tagged with 'Interest rates'

ARTICLES

  • Trump calls on Federal Reserve to lower interest rates

    Wants return of quantitative easing
    The Federal Reserve, which has increased interest rates numerous times in the last few years, recently signaled that it does not plan to increase interest rates any more for the remainder of this year. But if it was up to President Donald Trump, the Fed would be cutting interest rates instead.
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  • Hello refis? Mortgage rates just had the largest one-week drop in 10 years

    Interest rates haven't been this low since January 2018
    Just over six months ago, it appeared that refinance demand had all but dried up thanks to mortgage interest rates that were pushing past 4.5%. But my how the tables have turned. According to newly released data from Freddie Mac, mortgage rates just experienced the largest one-week decline in a decade.
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  • Hey Californians, your housing market is likely to cool off come 2020

    UCLA Anderson Forecast points to slowdown in housing starts
    It's no secret that California's economy is large – so large that its $2.7 trillion financial system ranks fifth in the world, championing the United States' national economy. But as the U.S. continues to grapple with an oncoming economic slowdown, the UCLA Anderson Forecast is showing several economic factors that might weaken California's booming housing market within the next year.
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  • LendingTree: Number of mortgage borrowers receiving interest rates under 5% rises

    86.5% of borrowers received mortgages under 5%
    LendingTree's latest Mortgage Rate Competition Index revealed that borrowers with interest rates under 5% inched forward for the week ending Feb. 26, 2019. The report states that for 30-year fixed-rate mortgages, 86.5% of purchase borrowers received offers with interest rates under 5%, rising from 84.2% last week.
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  • MBA: More Americans are applying for mortgages as interest rates stabilize

    Applications for 30-year fixed rate rise 5.3%
    Mortgage applications rose again for the week ending Feb. 22, 2019, according to the newest data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA Senior Vice President and Chief Economist Mike Fratantoni said homebuyers are responding favorably to a more stable interest rate environment.
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  • Borrowers flock to ARMs as interest rates rise

    Mortgage closing rates hit highest point in 2018
    As interest rates continue to increase, borrowers are increasingly utilizing adjustable rate mortgages. Here’s what the latest Ellie Mae report reveals about that and other dynamics of the mortgage lending market.
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  • Has inflation reached its peak?

    Capital Economics thinks so
    A new note from analysts at Capital Economics says that core inflation has already peaked. The analysts posit that because labor costs and dollar appreciation have only grown modestly, core inflation is “unlikely to rise much further.”
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