Columbus, OH

The Motley Fool

The Federal Reserve is widely expected to lower interest rates soon. Could it finally make buying a house cheaper? Learn the latest projections here.

Here's How Low Mortgage Rates Could Go in 2025

Markets Insider

Corcoran explains why homebuyers who wait for lower mortgages will end up paying more in the end.

Beware lower mortgage rates that could unleash a buying spree and push home prices higher, 'Shark Tank' investor Barbara Corcoran says

Business Insider

These are today's mortgage and refinance rates. Mortgage rates remain low this week, and they should drop further as the economy continues to cool.

Mortgage Interest Rates Today, August 16, 2024 | Rates Down Over Half a Point From Last Year

PopCrush

It's called proof of funds and it's pretty self-explanatory. You need to show, usually with a bank statement, that you have plenty of money to cover costs in the country you're entering from the United States. According to the website Nairaland, you must show this proof when you're applying for...

Proof of $2,000 in the Bank Now Required to Travel to These Countries

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

CBS News

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  On top of record-high home prices, a high interest rate environment has made it too expensive for many Americans to purchase a home. According to the Federal Reserve, the median sales price in the U.S. is $412,300, roughly 30% higher than in 2020. Meanwhile, 30-year fixed-rate mortgage rates have remained elevated for the past couple of years.However, the mortgage market has seen positive signs recently, with average mortgage rates hitting a four-month low in July. According to Freddie Mac,...

Will mortgage rates continue to drop this August? Here's what experts say

As mortgage rates fall, refinancing applications soared 34.5% last week to the highest level in over two years, according to the MBA.

Borrowers are rushing to refinance their mortgages as rates tumble to the lowest level in over a year

The 30-year mortgage refinance rate average dropped to 7.26% on Thursday, a decrease of 8 basis points, almost washing away the increase of 12 basis points from the day before. The average mortgage refinance rate for 15-year loans decreased by 7 basis points and the jumbo 30-year refinance rates dropped by 11 basis points.

Mortgage Refinance Rates Drop Back Down

The states with Wednesday's lowest 30-year new purchase mortgage rates were New York, California, Florida, Colorado, Oregon, Tennessee, Texas, and Wisconsin. Meanwhile, the states with the most expensive averages Wednesday were Washington, D.C., West Virginia, Maryland, South Dakota, South Carolina, Vermont, and Virginia. Mortgage rates vary by the state where...

Today's Mortgage Rates by State – Aug. 15, 2024

Las Vegas, NV

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Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

North Carolina State

NBC News

WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday. “There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,”...

Harris to propose federal ban on 'corporate price-gouging' in food and groceries

In the immortal words of realtors, “date the rate, marry the home.” Right now, homeowners are sowing their wild oats. As mortgage rates drop in anticipation of an all-but-certain cut to federal interest rates next month, current homeowners are using the opportunity to refinance their mortgages at the fastest pace since 2022. And they may just be getting started.

Mortgage Refinancings Surge as Rates Drop, Inflation Cools

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. The 30-year mortgage rate has...

Prediction: Mortgage Rates Will Drop in 2025

TheStreet

When stocks started to dive, bond yields and mortgage rates fell, too, good news for homebuyers.

Market turmoil gives homebuyers huge mortgage break

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Since 2022, refinancing activity has gone down in response to surging mortgage rates. But with inflation normalizing and the Federal Reserve positioning itself to cut interest rates next month, mortgage rates should gradually decline. As that happens, more homeowners, especially those with high rates on their home loans, will benefit from a refinance.

Refinance Activity Surges as Rates Fall. Today’s Refi Rates, Aug. 15, 2024

Kentucky State

Northern Kentucky Tribune

Major changes to how real estate transactions are conducted are set to take affect this month that will effect how both sellers, and buyers, compensate their agents. On March 15, the National Association of Realtors (NAR) settled a lawsuit brought by home sellers regarding how broker commissions were handled. As a result of that settlement, the NAR will remove agent compensation amounts from Multiple Listing Services, provide detailed compensation information to buyers and sellers and attain a written agreement outlining that compensation structure.

Broker commissions on real estate transactions will look a lot different starting August 17

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

U.S. mortgage rates are now at their lowest point in 15 months and experts say they could continue to drop with the Federal Reserve expected to slash the federal funds rate next month. CBS News business analyst Jill Schlesinger has more.

U.S. mortgage rates in decline with Fed expected to cut interest rates next month

NewsBreak

Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year

It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications to...

Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year

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