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  With Fed rates holding steady over the last couple of years, mortgage interest rates have stayed high overall — even hovering close to 8% at one point recently. And those high mortgage loan rates, coupled with the high cost of living and inflation, have led many potential homebuyers to pause their search for a home and a mortgage to buy it with.But in recent weeks, there has been some welcome news for potential homebuyers. Inflation has cooled slightly —...

How low will mortgage rates drop after the Fed cuts rates? Experts weigh in

New York Post

The Federal Reserve as expected kept decades-high interests rates unchanged on Wednesday — but Fed Chair Jerome Powell gave the strongest signal yet that a possible cut “could be on the table” for September.

Powell’s remarks at his press conference following the end of the Fed’s latest two-day policy meeting appeared as an affirmation of a coming pivot that was partly reflected in the central bank’s new policy statement.

“A reduction in the policy rate could be on the table as soon as the next meeting in September,” Powell said. “We’re getting closer to the point at which it’ll be appropriate to reduce our...

Federal Reserve keeps rates unchanged — hints at possible cut in September as inflation moderates

The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.

What To Expect on Interest Rates From Next Week’s Fed Meeting

Markets remain split on the chance of a Bank of England rate cut on Thursday, despite U.K. inflation hitting the central bank's 2% target twice in a row. Some in its nine-member Monetary Policy Committee remain concerned about services inflation and wage growth, meaning the vote could be a tight split.

Bank of England rate cut is a close call even with inflation on target

Markets Insider

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk," Bill Dudley wrote.

It may already be too late for the Fed to stop a recession, former central bank president says

Maybe it's something you've wondered: What happens to your student loan debt when you die?. Here are the options and protections to know about. It's not unusual to hear people struggling with their student loan debt bemoan that they feel like they'll be paying until they die. Which begs the question: What happens to the debt at that point?

Here's what happens to your student loan debt when you die

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

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

The Biden administration is again gearing up to try to forgive the student debt of tens of millions of Americans, after the Supreme Court struck down its first effort last year. Now, the president has directed the U.S. Department of Education to pursue the regulatory process. In the coming days,...

Check your email: U.S. government is sending notes to millions on upcoming student-loan forgiveness

The average American believes they'll need to save $1.8 million for their post-work years, according to Charles Schwab's "2024 401(k) Participant Study." However, most Americans in their 50s have much less than that stashed away for retirement. The average 401(k) account balance for people in their 50s is $212,400, as...

Here’s how much money Americans in their 50s have in their 401(k)s

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Business Insider

These are today's mortgage and refinance rates. Mortgage rates decreased last week thanks to slowing inflation, and they should trend down further soon.

Mortgage Interest Rates Today, July 14, 2024 | Rates Low After Dropping Last Week

Federal Reserve Chairman Jerome Powell will announce the agency's decision on interest rates Wednesday with cuts not yet expected. Jeanna Smialek, Federal Reserve and U.S. economy reporter for the New York Times, joined CBS News to discuss the Fed.

Federal Reserve to make decision on interest rates

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Denver, CO

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David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Kentucky State

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

Jessica Serfitay flips the script on her previous statement. Virginia soap fans, Soap Opera News reports that Jessica Serfitay (ex Sloan Petersen) on Days of Our Lives posted on social media that her billionaire fiancé had abused her. The actress now says they argued as families do, and she never should have posted anything.

Days of Our Lives alum Jessica Serfitay retracts her statement that her fiance abused her

Justin Werner, managing director of Nickel Industries, discusses the outlook for the commodity.

We're still 'very optimistic' about nickel prices, says Nickel Industries

President Joe Biden is making another move to forgive student debt for millions of borrowers. The Biden-Harris administration announced Wednesday that it will begin emailing borrowers on Thursday with information regarding its proposed rules to allow the Secretary of Education to forgive debt for certain federal student loan borrowers. The...

President Biden is moving forward with another student debt relief plan—you have until August 30 to opt out

NewsBreak

Inflation has been 'streaky' and a rate cut may be premature, says former Richmond Fed president Jeff Lacker

Jeffrey Lacker, former Richmond Fed president, joins 'Squawk...

Inflation has been 'streaky' and a rate cut may be premature, says former Richmond Fed president Jeff Lacker

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