Finance News – U.S.
What is your interest today?
Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and mor...
The Federal Reserve's choice to maintain current rates affects borrowing costs across various loans and influences the interest earned on many savings products.
Read Full Article →Mortgage demand drops, even as rates fall to the lowest since April
Despite a decrease in borrowing costs reaching their lowest point since April, the level of applications for home purchases and refinancing has declined, reflecting reduced consume...
Read Full Article →Why the government’s debt problem is your borrowing problem — but also your opportunity to save
Rising bond yields, influenced by government debt levels, can lead to higher borrowing costs for individuals but may also offer better returns on savings and fixed-income investmen...
Read Full Article →Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir's collaboration with Fannie Mae aims to enhance fraud detection in mortgage applications using artificial intelligence, potentially reducing financial losses while safegua...
Read Full Article →Mortgage demand drops after interest rates jump to the highest level since February
The recent increase in interest rates to their highest point since February has led to a decline in mortgage applications, impacting borrowing activity and potentially influencing...
Read Full Article →My wife and I paid off my stepdaughter’s $415K mortgage in exchange for her house, but it’s now wort...
Paying off the mortgage transferred significant financial responsibility to the couple, resulting in a substantial asset devaluation that could impact their retirement security and...
Read Full Article →Mortgage demand from homebuyers continues to recover, even with higher interest rates
Despite increased borrowing costs, the rise in available properties has encouraged more potential buyers to seek home loans, indicating a gradual improvement in the housing market'...
Read Full Article →I pay $4,000 a month for rent in Manhattan. Should I be paying for a mortgage instead?
With a yearly income of $130,000 and $200,000 in assets, evaluating the cost-effectiveness of continuing to rent versus investing in homeownership in Manhattan is financially impor...
Read Full Article →Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Despite minimal changes in interest rates, the number of applications for home loans increased noticeably last week, indicating a shift in borrowing activity amid ongoing economic...
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