Mortgage rates are continuing to move higher this week. We’ve now seen them rise for two consecutive weeks in the Freddie Mac PMMS. The consensus is for them to continue rising for the foreseeable future. Read on for more details. Where are mortgage rates going?           … View Article
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Refinance soon to avoid the FHFA adverse market refinance fee
Fannie Mae and Freddie Mac’s 0.5% refinance fee is delayed until December 1. But to avoid the fee and higher refinance rates, you need to apply sooner than that.
Continue readingHave We Seen The End of Record Low Rates?
While it might not seem like the sort of thing mortgage rates should care about, the senate run-off election in Georgia was by far and away this week’s most important event. This wasn’t a surprise either. In fact, interest rates have been bracing for this potential impact since the inconclusive results in early November. But why do rates care about politics? Actually, they don’t! Not too much, anyway. Rates care about the prices and yields of certain bonds in the bond market above all else. Bond prices can take a variety of cues, but the most basic and most objective input is that of supply and demand. Supply and demand can be influenced by several underlying factors. For instance, the Fed currently buys more than $100 billion in bonds each month. That has a huge impact on the demand side of
Continue readingNavigating the Current Job Market and Empowering Workers
Together with Mint, Steady is here to help everyone navigate these difficult times. Weâre committed to empowering workers and helping people find jobs.
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The post Navigating the Current Job Market and Empowering Workers appeared first on MintLife Blog.
Continue readingWhat Is Austerity?
Austerity policies are nothing new. But talk about them in the news has recently escalated. In response to its ongoing debt crisis, the Greek government is preparing to implement austerity measures aimed at helping the country regain its financial footing. … Continue reading →
The post What Is Austerity? appeared first on SmartAsset Blog.
Continue reading‘I Bought This House Based on Listing Photos Alone’: Was It Worth the Risk?
When the pandemic hit, Angela Caban decided she needed to leave New York City and buy a house in Charleston, SC. Here’s how she bought a house sight unseen.
The post ‘I Bought This House Based on Listing Photos Alone’: Was It Worth the Risk? appeared first on Real Estate News & Insights | realtor.com®.
Continue readingInvesting With the Business Cycle
A âbusiness cycleâ refers to the periodic expansion and contraction of a nationâs economy. Also known as an âeconomic cycle,â it tracks the different stages of growth and decline in a countryâs gross domestic product, or economic activity. Business-cycle investing is not an exact science and past performance isnât indicative of future returns. Investors can […]
The post Investing With the Business Cycle appeared first on SoFi.
Continue readingHow to Handle a Pay Cut: Budgeting in Uncertain Times
Are you stressed by an income reduction? Try these budgeting tips to survive a pay cut and thrive during this challenging time.
The post How to Handle a Pay Cut: Budgeting in Uncertain Times appeared first on Discover Bank – Banking Topics Blog.
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U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends
Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute …
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The post U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Continue readingWhat to do if your credit card is delinquent â and how to prevent it from happening
The coronavirus pandemic has not just affected travel, but also fundamentally altered the global economy. The worldwide impacts can affect individuals â some more severely than others. With many businesses and industries at a standstill and nearly millions of Americans on unemployment, some credit card issuers have been offering temporary relief to cardholders. However, it â¦