An analysis released Thursday by Zillow found that the majority of U.S. home shoppers are costing themselves thousands of dollars by not submitting multiple mortgage applications. The report explained that for a typical home valued at $360,000, a buyer using a 30-year fixed-rate mortgage at the current average of 6.24% would pay about $2,345 per […]
Most homebuyers lose thousands by not shopping mortgage rates Read More »
As is sometimes the case on the day following a Fed day, the bond market carried a bit more momentum in the same direction as yesterday afternoon. Fortunately, the momentum was toward lower rates this time around–a nice break from the past two Fed days which resulted in several days (and weeks) of higher rates.
Mortgage Rates Hit Lowest Levels of The Week Read More »
Scott Bessent Photographer:Al Drago/Bloomberg The Financial Stability Oversight Council’s take on its guiding principles is shifting, according to statements by Treasury Secretary Scott Bessent on Thursday. Processing Content Bessent said in the open part of the group’s meeting that the council needs to ensure its original focus on regulation to control risks associated with the
FSOC tilts scales in oversight toward deregulation Read More »