The 30-year fixed-rate mortgage averaged 6.73% in the week ending March 9, up from 6.65% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 3.85%. After hitting a 2022 high of 7.08% in November, rates had been trending down. However, they started climbing again in February, rising half a percentage point over the past month.
” The Fed does not set the interest rates that borrowers pay on mortgages directly, but its actions influence them. Mortgage rates tend to track the yield on 10-year US Treasury bonds, which move based on a combination of anticipation about the Fed’s actions, what the Fed actually does and investors’ reactions. When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow.
jeffgalletly be careful man, don’t go to California. I am sure you don’t fancy getting rabies
We own nothing and are happy
So much for build back better
Mortgage rates fluctuate dependent on inflation not the Fed. We’ll get a good inflation report next week, a shitty one in April then come May, rates will continue to come down.
I need to know how so many people are affording million dollar + homes, tearing them down and rebuilding. What kind of jobs pay so good for that privilege?
Great job Biden, nobody can afford a home
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNN correspondent calls his mom using deepfake audio | CNN BusinessCan CNN correspondent Donie O'Sullivan's parents spot the difference between their son's voice and an AI version? An online tool creates convincing AI audio fakes of anyone. Here's how the technology works and what's at stake. donie Can CNN spot a reporter that's just phoning it in? Tune in to find out the answer is no donie What is created for good WILL BE USED FOR EVIL. FACT CHECKED✅ donie Oh that explains a lot
Source: CNN - 🏆 4. / 95 Read more »
IMF chief: Ukraine war will have 'devastating' consequences for Russia's economy | CNN BusinessThe International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year than either the United Kingdom or Germany, despite rising pressure from Western sanctions. May the entire world prioritize and preach peace to humanity. Meanwhile, here are some PRONUNCIATION TIPS that might be useful to many people in the Anglophone nations: ★COMEDY & COMEDIAN *STRATEGY & STRATEGIC For any needed guidance: +254727 029 159 Wilochieng2000yahoo.com Typical Punish the man on the street. Children will die of curable diseases like those in Iraq and other countries.
Source: cnni - 🏆 326. / 59 Read more »
TikTok's new 'Bold Glamour' filter is so realistic people think it's problematic | CNN BusinessThe new 'Bold Glamour' filter on TikTok uses machine learning technology to automatically edit users facial features. Hear why some people are disturbed by how it makes their faces look. tiktok alabamanewsnetwork
Source: ALNewsNetwork - 🏆 583. / 51 Read more »