CBS News

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  It may be hard to believe now, but it wasn't that long ago that mortgage interest rates were near historic lows. On August 27, 2020, the average rate on a 30-year loan was 2.91%. One year later, it had dropped even further to just 2.86%. However, as the pandemic and influencing economic factors waned, inflation rose dramatically and by June 2022 it was at a 40-year high. Interest rates soon followed, and by August 2023, the average mortgage interest...

Here's when mortgage interest rates could fall below 6%

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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

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  Over the last three years, average mortgage rates have almost doubled. On August 19, 2021, the average 30-year fixed rate was 2.86%. By comparison, today's average 30-year mortgage rate is 6.57%. This uptick in rates has made purchasing a home less affordable for many buyers.  In addition, home prices have hit record highs this year, putting the possibility of homeownership out of range for many.That said, on a positive note, mortgage rates have fallen more than half a percentage...

Will mortgage rates drop below 6% this fall? Experts weigh in

In Touch Weekly

The plans for King Charles III's funeral are currently underway as “death is a possibility” for the ailing royal. “The business of planning his funeral has already begun,” an insider exclusively tells In Touch of the current monarch. “Unpleasant as it seems.” Buckingham Palace confirmed to In Touch "bridge plans are always updated on an...

King Charles’ Funeral Plans Underway: ‘Death Is a Possibility’ for Ailing Royal Amid Cancer

Business Insider

The Foreign Ministry will be offering three-month visas as early as next month, Russian state media said.

Putin has decided that Russia is going to be a 'safe haven' for people who want to trade liberal Western ways for Russian 'moral values'

Illinois State

I can remember vividly watching the Democratic National Convention in July of 2004 and seeing Illinois state Sen. Barack Obama for the first time — well, I knew about him, but seeing him speak for the first time. The Democratic presidential nominee at the time pegged Obama to give the keynote. Many said, “Who?” But when he appeared and spoke, it was spellbinding.

After 20 years, and after tonight, Obama will no longer be the Democrats' top star

The Motley Fool

Will home buyers who need mortgages get any relief in the new year? Read on to find out.

Will Mortgage Rates Get Better in 2025? Here's What to Expect

Vice President Kamala Harris reportedly wants to force Americans to be taxed up to 44.6% of the profits they make from selling their homes. The report comes after Harris endorsed President Joe Biden’s Fiscal Year 2025 budget proposal. The Wall Street Journal reported Harris’s support for the major tax...

Harris supports a 44.6% tax on Americans for selling their homes: Report

Reuters

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the housing market to see significant improvement in demand.

US 30-year fixed-rate mortgage slips to lowest level since May 2023

NewsNinja

An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

Chicago, IL

Fox News

Michelle Obama wore a $1,690 Monse blazer and $890 trousers while telling the DNC her parents "were suspicious of folks who took more than they needed."

Michelle Obama wore nearly $3K pantsuit to DNC while touting her parents were 'suspicious' of the wealthy

The states with Tuesday's lowest 30-year new purchase mortgage rates were New York, California, Texas, New Jersey, Alaska, Florida, Michigan, and Washington. Meanwhile, the states with the most expensive averages Tuesday were Washington, D.C., Vermont, West Virginia, Nebraska, North Dakota, Maryland, Iowa, and Wisconsin. Mortgage rates vary by the state...

Today's Mortgage Rates by State – Aug. 14, 2024

Mediaite

A Trump fan told CNN correspondent Elle Reeve that God would never allow a woman to be elected "because of what happened in the Garden of Eden."
The post Trump Fan Tells CNN God Will Never Allow Woman President ‘Because Of What Happened In The Garden Of Eden’ first appeared on Mediaite.

Trump Fan Tells CNN God Will Never Allow Woman President ‘Because Of What Happened In The Garden Of Eden’

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  Homebuyers coping with elevated mortgage interest rates have seen some relief in recent months as the average rate on a 30-year loan dropped slightly. After hitting its highest level since 2000 last year, and moving close to 8% last November, the average mortgage interest rate is now 6.57%. And that's likely to fall further in the coming weeks and months.Thanks to a consistently cooling inflation rate (it dropped again in July for the fourth consecutive month), cuts to the...

3 mortgage mistakes to avoid before interest rates drop

Los Angeles, CA

RadarOnline

It's officially over between Jennifer Lopez and Ben Affleck.RadarOnline.com can reveal JLo filed divorce papers exactly two years after the couple exchanged vows in Georgia, confirming swirling speculation about their whirlwind relationship falling apart once and for all.  The On The Floor singer, 55, listed the date of separation as April 26, 2024 in documents she submitted on Tuesday in Los Angeles, without the help of a lawyer.Her filing made no mention of a prenuptial agreement, but sources told TMZ there was no prenup involved. That means any earnings or assets the couple accumulated during their marriage would be...

J Lo Files Divorce Papers: Lopez Tells LA Court She had No Pre-Nup With Ben Affleck — and the Pair Separated Four Months Ago!

Colorado State

The US Sun

WALMART shoppers are becoming increasingly fed up with the store’s new checkout policies. Following an already lengthy wait to check out their items, one frustrated Walmart shopper finally hit their boiling point. Consumers nationwide are growing aggravated as similar, recurring issues plague big-box retailers and grocery chains alike. One shopper shared their less-than-stellar in-store experience […]

Walmart shopper leaves ‘three bags’ full of groceries in fury after store ‘expected’ them to wait in another line

Black Enterprise

Some critics don't agree with Hope Bryant’s ideology. Operation Hope’s Founder John Hope Bryant wants homeowners to pay attention to the 40-year mortgage over the 30-year one, Fortune reports. In a new op-ed, Hope Bryant highlighted how the standard 30-year mortgage route for homeowners may no longer be...

John Hope Bryant Says The 40-Year Mortgage Is In and The 30-Year Mortgage Is Out

Many people who borrow private student loans are required to get a co-signer, a requirement that can spread the pain if repayment becomes a challenge. "It's very, very difficult to get off of the loan if you are a co-signer," said Anna Anderson, a staff attorney at the National Consumer Law Center. "We've seen how this can destroy families."

This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house

FinanceBuzz

Mortgage rates are the lowest they've been in over a year, but a simple strategy could help you lower that rate even further. Learn how to bring your interest rates to rock bottom.

Make the Lowest Mortgage Rate in 15 Months Even Lower With a Simple Strategy

These are today's mortgage and refinance rates. Mortgage rates remain low after dropping in early August. But homebuyers remain hesitant.

Mortgage Interest Rates Today, August 23, 2024 | Rates Remain Low, Though Housing Demand is Sluggish

NewsBreak

Mortgage Rates Drop for Third Day, to Lowest Level in More Than Two Weeks

The 30-year mortgage rate average dipped 7 basis points Wednesday, pushing the average down to 6.32%. That's the third day of declines, and it returns the...

Mortgage Rates Drop for Third Day, to Lowest Level in More Than Two Weeks

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