Mortgage rates articles
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Contrary to the NYT, Mortgage Rates are Unlikely to Stay Where They Are
The New York Times did a classic the economy is awful story by highlighting the fact that 1.3 million homeowners might not be moving because of the large gap between current mortgage rates and the rate they would have to pay on a new mortgage. While this is clearly a problem, the flip side is More
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Will mortgage rates rise after this week's Fed meeting?
All eyes will once again turn to the Federal Reserve this week as they meet to discuss the next steps with interest rates and economic policy. Specifically, will they raise rates above their current 23-year high? Or will they keep them steady following a series of disappointing inflation reports at the start of 2024? After all, rate cuts that seemed promising at the beginning of the year now seem off the table, possibly for the rest of the year. And while the Fed doesn't directly dictate rates...
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Halal mortgage vs interest rates, housing accessibility
rewrite this content and keep HTML tags The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home