Mortgage rates have been falling for a month.
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Lennar chairman says interest rate drop luring home buyers back to the marketAfter a tough fourth quarter, Lennar's chairman Stuart Miller said December's interest rate drop spurred a surge in customer traffic through their model homes. That could bode well for the broader market in new homes.
Source: CNBC - 🏆 12. / 72 Read more »
Amid the government shutdown, banks and credit unions are offering low-interest rate loansAmid the stalemate in Washington, credit unions and banks across the country have some of the more generous offers for government employees. You mean the SchumerPelosiShutdown Any federal employee who has his or her check suspended for three weeks and they can't pay the rent, needs to take a course in money management. Hell, I could teach it. Here it is. ALWAYS live beneath your means and save.
Source: CNBC - 🏆 12. / 72 Read more »
Major automakers bullish on U.S. market despite rising interest ratesMajor automakers on Thursday shrugged off declines in U.S. new vehicle sales in ... US producers..fall out Trump: 🎵🎶I shot the Tariff, but I did not shoot the consequence. 🎵🎶 why
Source: Reuters - 🏆 2. / 97 Read more »
How To Protect Your Student Loans And Credit Cards Against Rising Interest RatesHow to protect your student loans and credit cards against rising interest rates: Banks do not pass a loan to a modest man....They pass only a loan to Nirav Modi and industrialists. Don’t take out loans
Source: Forbes - 🏆 394. / 53 Read more »
Fed’s Kaplan Says It’s Time to Hold Off on Interest-Rate RisesFederal Reserve Bank of Dallas leader Robert Kaplan told Bloomberg TV that the central bank should move to the sidelines until it can determine whether economic anxieties are temporary or a sign of something worse. Are you using innovation as an input in your modeling when considering raising rates? It's critical Sometimes it's better to just do than explain, especially when the explaining is coming from the bench. 'move to the sidelines' is a really poor word choice. Way to take yourself out of the game, Mr. Kaplan.
Source: WSJ - 🏆 98. / 63 Read more »
A Warning About U.S. Credit Rating Could Signal Higher Interest RatesA major credit rating agency is warning that a prolonged government shutdown could mean that it will reconsider the nation's AAA rating. That could lead to higher borrowing costs. So much winning. Led by the Bankruptcy President At least our POTUS , realDonaldTrump , has made sure we still have a pristine morals and ethics rating. Hasn't he?
Source: NPR - 🏆 96. / 63 Read more »
New report: As home sellers lower prices further, 2019 starts as a buyer's marketThe gains in home prices are shrinking, as higher mortgage rates and concern over the nation's economy weaken buyer demand. After two years of a competitive and overpriced housing market nationwide, fewer cities are now considered 'overvalued.'
Source: CNBC - 🏆 12. / 72 Read more »