Women wearing face masks exit a shopping mall where a sign is placed at an entrance reminding people of the need for masks at Westfield Santa Anita Shopping Mall on June 12, 2020 in Arcadia, California. Shares of Unibile-Rodamco-Westfield fell on Thursday. Frederick J. Brown / Agency France-Press / Getty …
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The Federal Reserve is shaking things up – which is good and bad news for consumers. The Fed made some major changes to its policy over the years following an extensive review. The central bank has improved its approach to inflation and the labor market, leading to lower interest rates. …
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Mortgage rates are still close to record lows, but that makes owning a home no longer cheaper for home buyers. The 30-year fixed-rate mortgage averaged 2.91% for the week ending August 27, falling eight basis points the week before, Freddie Mac FMCC, + 0.46% reported Thursday. The 15-year fixed-rate mortgage …
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Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
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Although they are rising, mortgage rates remain below 3%. But a rise in house prices threatens to make buying a home unreachable for many Americans. The 30-year fixed-rate mortgage averaged 2.99% for the week ending August 20, and increased three basis points the week before, Freddie Mac FMCC, -0.67% reported …
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