The Motley Fool

For young home buyers, 4% mortgage rates may feel "normal," but they're not. Keep reading to learn whether you can count on them to be that low again.

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

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

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%

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Hendersonville, NC

The US Sun

A FURIOUS Walmart shopper has hit out at the retailer, claiming their checkout process is disorganized and inefficient. The chain's reliance on self-checkout in several stores across the US has been a source of controversy for many. Shoppers have flooded to social media to complain about understaffed stores and long...

‘Just walked out’ fumes Walmart shopper who left cart with $130 of groceries after store had 19 unmanned registers

Lincolnton, NC

A GRANDMOTHER won millions after winning the lottery but lost half her money after she made a tough decision all lottery winners need to make. Rachel Sadler from Lincolnton, North Carolina, won the jackpot $4 million prize on a $30 scratch-off. Sadler bought her winning ticket from the Save Mart...

I won a $4m lottery jackpot but walked away with less than half – after my grandkids’ share there’s not much left for me

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

Taste of Country

One day, we might be able to tell our kids and grandkids that we used to go to a place called a shopping mall to purchase things in person. Most of us are familiar with the mall setups: you have your anchor stores such as Macy's, JCPenny, Sears and others, then you have the stores that make up the inner-workings of the mall as well.

Macy’s Closing 150 Locations & You Won’t Believe What The Empty Stores Will Turn Into

There’s a scene in “The Pink Panther Strikes Back” where Inspector Clouseau enters a hotel and sees a small dog. He asks the clerk, “Does your dog bite?” Told no, Clouseau pats the dog’s head—and the dog immediately bites him. Clouseau turns to...

Size Does Matter—But Not In The Way You Think

Windham, ME

A CAR dealership has been hit with a massive $75,000 fine after it was revealed that they had been tampering with the emission controls on diesel vehicles. According to the US Environmental Protection Agency (EPA), the dealership had been installing and selling parts known as “defeat devices” on many of their cars from 2017 to 2019. […]

Dealership hit with $75k fine after tricking customers by putting ‘defeat devices’ in cars – as they violated strict act

Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire on Friday. A sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low...

Mortgage rates plummet, changing everything — for now

Business Insider

These are today's mortgage and refinance rates. Lower mortgage rates should help homebuyers with affordability. But prices may go up as a result.

Mortgage Interest Rates Today, August 13, 2024 | Is It Finally a Good Time to Buy a Home?

As new government data shows inflation subsiding, Social Security beneficiaries may expect a lower cost-of-living adjustment in 2025. The prospective Social Security COLA for 2025 could be the lowest since 2021, according to a new estimate. Even as new government inflation data shows inflation subsiding, many retirees are still struggling...

Social Security cost-of-living adjustment may be 2.6% in 2025, new estimate finds

Trailer Empire

As America’s housing market navigates the shifting tides of mortgage rates, a promising new chapter is on the horizon. Recent declines in mortgage rates have opened the door to transformative changes in the real estate landscape, signaling a potential revival in both buying and selling activities.

Real Estate Market Set to Transform: What to Expect When Mortgage Rates Fall

NewsNation

The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week of Aug. 2, to 6.55%.

U.S. mortgage rates see biggest drop in two years

The average rate on 30-year mortgage refinance loans plummeted 31 basis points on Thursday, dropping the average to 6.75%. That's the cheapest 30-year refi average in over three weeks. However, rate movement was up for most other refinance mortgages on Thursday. The 20-year refi average added 13 basis points, while...

30-Year Average Mortgage Refinance Rate Drops to Lowest Rate in 3 Weeks

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you have a long-term savings goal, like saving up for a down payment on...

Best 5-year CD rates of August 2024 (up to 4.75% APY)

People are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic growth is anemic, government statistics show. Data released by Statistics New Zealand on Tuesday showed that 131,200 people departed New Zealand in the year ended June 2024, provisionally the highest on record for an annual period. Around a third of these were headed to Australia.

People leave New Zealand in record numbers as economy bites

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

The Associated Press

WELLINGTON, New Zealand (AP) — A charity working with homeless people in Auckland, New Zealand unknowingly distributed candies filled with a potentially lethal dose of methamphetamine in its food parcels after the sweets were donated by a member of the public. Auckland City Mission on Wednesday said that staff...

New Zealand food bank distributes candy made from a potentially lethal amount of methamphetamine

NewsBreak

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

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell slightly to 6.54% from 6.55%. The refinance share of...

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

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