Business Insider

These are today's mortgage and refinance rates. Mortgage rates are way down this week in response to concerns of a potential economic downturn.

Mortgage Interest Rates Today, August 6, 2024 | Rates Plunge. Is It Finally a Good Time to Buy a House?

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. Historically speaking, 4% mortgage rates...

Will Mortgage Rates Ever Be as Low as 4.00% Again?

Reuters

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year mortgage plunged to its lowest level since May 2023 this week, following days of market turbulence resulting from last week's softer-than-expected employment report.

U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says

Winchester, VA

Law & Crime

A man who vowed to light VP Kamala Harris on fire and "personally pluck out her eyes" reacted with surprise when investigators showed up at his door, a complaint alleges.
The post ‘I will personally pluck out her eyes’: Man who threatened to light Kamala Harris on fire is baffled feds were at his door ‘over a comment,’ complaint alleges first appeared on Law & Crime.

'I will personally pluck out her eyes': Man who threatened to light Kamala Harris on fire is baffled feds were at his door 'over a comment,' complaint alleges

The Federal Reserve could cut interest rates this fall, which will have a bearing on mortgage rates. To see how much house you can afford, enter your information below and get a custom mortgage loan quote from one of CNET’s partner lenders. About these rates: Like CNET, Bankrate is...

Refinance Rates Continue Their Dramatic Fall. Today’s Refi Rates, Aug. 7, 2024

Money Week

The building society’s cheapest deal is now priced at 3.99%. Whether you’re buying or remortgaging, we look at whether rates could drop further in the coming months

Nationwide cuts mortgage rates as they dip below 4% for first time since February

CBS News

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  The past couple of years have been tough for homebuyers. Just a few years ago, it was easy to find a mortgage loan with a 3% (or lower) rate, but as buyers rushed to take advantage of the cheap borrowing environment, it fueled an uptick in demand and drove up home prices. As the mortgage rate environment shifted post-pandemic, mortgage rates climbed, significantly reducing affordability and pushing many prospective buyers to the sidelines.It appears there's finally a glimmer of...

Mortgage rates are still falling. Here are 5 big moves to make now

Should you refinance your mortgage? Mortgage rates are down, but you'll need to make sure they've dropped enough for you to save on your mortgage payment.

Mortgage Rates Are Going Down. Should You Refinance Your Mortgage Now?

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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

South Carolina State

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Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

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?

The Independent

More sub-4% mortgage deals are set to enter the market this Thursday, in what one finance expert described as a “promising sign” for borrowers.The Bank of England base rate was cut last week from 5.25% to 5%, but lenders had already been slashing rates in the weeks leading up to the move.Barclays Mortgages is making cuts to mortgage rates which will come into effect from Thursday, including a 3.83% Premier five-year fixed rate for home buyers with a 40% deposit, which has a £899 product fee, available to its eligible Premier Banking customers.The previous rate on the product was 4.03%.Another...

Even more sub-4% mortgage deals are now on the market

The Associated Press

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate. The rate fell to 6.47% from 6.73% last week, mortgage buyer...

Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year

The average 30-year fixed rate mortgage peaked in this latest cycle of Fed interest rate hikes at just under 8%. That was back in October 2023, according to Freddie Mac. Rates hovered right around 7% for a good part of this year. But with the job market slowing and inflation...

Mortgage rates fall in anticipation of a Fed rate cut

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

Lenders have been lowering their rates ahead of a hoped-for interest rate cut in August.

Mortgage rate hopes as one lender offers below 4%

LOS ANGELES -- A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments. The Mortgage Bankers Association's refinance index, which tracks home loan application volume, surged 16% last week from the previous week to its highest level in two years, the association said Wednesday.

Homeowners race to refinance as mortgage rates retreat from 23-year highs

Refinancing applications surged last week as homeowners pursued lower borrowing costs amid a decline in interest rates. Refinancing activity rose 16% from the week prior and comprised a greater share of total mortgage applications, which increased 6.9%, the Mortgage Bankers Association said Wednesday. Refinancing activity last week was nearly 60%...

Homeowners Rush To Refinance As Mortgage Rates Drop

Primis Bank is offering a remarkable fee-free checking account that pays 6.00% APY. That outdoes even the best CDs and high-yield savings accounts, which currently max out at 5.50%. Primis' 6.00% Novus Checking rate is available to new customers who set up a monthly direct deposit of at least $1,200.

This Checking Account Pays 6.00%—And It’s Guaranteed for 6 Months

Fox News Media has been a revolving door in for its anchors and their controversies, with the conservative news channel regularly generating embarrassing headlines of its own. Over the past few years, Fox News has been forced to pay out $787.5 million after defaming Dominion voting Systems, been embroiled in a nude photo scandal involving one of its anchors, and has a long history of sexual harassment lawsuits brought by female employees.

What happened to Fox News host Lawrence Jones?

NewsBreak

Today's Mortgage Rates by State – Aug. 5, 2024

The states with the lowest 30-year new purchase mortgage rates Friday were New York, Oregon, Florida, Texas, and Washington. Meanwhile, the states with the most expensive...

Today's Mortgage Rates by State – Aug. 5, 2024

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