TheStreet

Mortgage lenders see more homes bought and sold when — and if — the Federal Reserve starts cutting rates.

Mortgage rates just had a huge drop

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are the lowest they've been since March thanks to data showing that inflation is cooling.

Mortgage Interest Rates Today, July 16, 2024 | Rates at 4-Month Low

While a majority of U.S. homeowners with mortgages continue to be locked into rates below 5%, the share with rates above 5% is growing steadily. As of May, 24% of homeowners with mortgages had a current interest rate of 5% or higher, according to ICE Mortgage Technology’s July 2024 Mortgage Monitor Report.

ICE: 24 Percent of Homeowners with a Mortgage Now Have a Rate Above 5 Percent

HSBC cuts rates following similar moves by Barclays and NatWest.

Three big lenders cut mortgage rates

The Conversation UK

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a large number are still waiting to do the same.

Millions benefited from mortgages fixed at low prices – now many are struggling with much higher monthly payments

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Tech and AI stocks declined on Wednesday, causing the Nasdaq and S&P 500 to drop sharply as investors reacted to potential new export controls under the Biden administration and comments on Taiwan by former President Donald Trump. The Dow Jones Industrial Average, which closed almost 750 points higher the day before, was flat on Wednesday.

The S&P 500 and Nasdaq tank as investors dump AI and tech stocks

Philadelphia, PA

The National Weather Service recorded an interesting weather pattern over the weekend at Philadelphia International Airport; trace amounts of snow, in the middle of a heatwave in July. Suggested Reading. When you’re flying, it is best to be prepared for anything; flight delays, motion sickness, blazing hot or frigid fuselages,...

Philadelphia's airport had snow... in July... during a heat wave

Fox Business

Foreclosure filing for the first half of 2024 fell from the same time in 2023, but some states have seen alarming spikes so far this year, according to a new report.

These states have the highest foreclosure rates in the US

Alabama State

A Piece of Travel

Looking to move to a state that goes easier on your wallet? In a recent study, Forbes discovered the ten cheapest states to live in. Moving to any of these states could put some hard-earned money back in your pocket.

10 States With the Lowest Cost of Living

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

If you're shopping for a mortgage with bad credit or want to make a small down payment, consider a Federal Housing Administration (FHA) loan. Created during the Great Depression to help low-income and moderate-income Americans buy homes, these government-backed mortgages accept borrowers with credit scores as low as 580 with 3.5% down. Borrowers who put 10% down can score an FHA loan with a credit score as low as 500.

Best FHA Mortgage lenders of July 2024

The attempted assassination of former president Donald Trump on Saturday stunned and captivated millions across the world. It also ignited a merchandise feeding frenzy. Influencers, as usual, were among the first to cash in on the incident. Conservative commentator Candace Owens has started selling a shirt that reads“For God And Country” and features a rendition of Trump with his fist raised above his head following the shooting. Similar shirts are being offered by Sebastian Gorka, a movie star and former Trump administration official, and pro-Trump retailers, like Trumpmagashop.com or The Trump Store.

People are already turning the Trump assassination attempt into merchandise

Working one job is becoming an increasingly difficult way to fund the average American lifestyle. Financial advice site Bankrate recently revealed the results of a poll conducted by the firm YouGov, which found that one-third of all adults in the U.S. are taking on second-job “side hustles” in order to pay bills and fund discretionary extras.

Almost 1 in 3 Americans think they'll always need a 'side hustle'

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Mortgage rates aren’t as good as they once were, but they’re as good once… as they ever were. The 30-year fixed-rate mortgage (FRM) averaged 6.89% Thursday, according to Freddie Mac’s Primary Mortgage Market Survey. That’s not as good as it was June 27, at 6.86%, and definitely not as good as it was once, in 2020.

Average Mortgage Rate Drops Six Basis Points From Last Week

Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.89 percent as of July 11, 2024. "Following June's jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week and mortgage rates followed suit," said Sam Khater, Freddie Mac's Chief Economist. "We're also seeing more inventory on the market, including a fair number of listings with price cuts, which is an encouraging sign for prospective buyers."

U.S. Mortgage Rates Tick Down in Mid- July

Mortgage rates are expected to slowly decline in 2024. You can take advantage by comparing loan offers from multiple lenders to get the lowest rate. Start by entering your information below to get a custom quote from one of CNET’s partner lenders. About these rates: Like CNET, Bankrate is...

Refi Rates Move Down for 7 Days in a Row: Today’s Refinance Rates, July 17, 2024

Virginia State

History Facts lists eight names US parents no longer give their newborns, which you may no longer hear in Virginia. The girls' names are Doris, Gertrude, Mildred, and Judith. I know or have known women with all four names, but they are either baby boomers or boomer parents' ages and someone's grandma or great aunt. Consider the ages of females in Virginia you know with these names.

Eight names parents in Virginia may no longer be giving to their newborns

NewsBreak

Higher car repossession rates aren't a great sign for the economy

A big indication that we may be heading toward a severe economic downturn has been identified by Cox Automotive, as the overall number of car repossessions...

Higher car repossession rates aren't a great sign for the economy

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