How Your Home Mortgage Could Limit Your Career Opportunities getty It is hard to imagine that home ownership would have any negative impact on career opportunities, but that is exactly what is happening. Many workers locked in low mortgage rates when the market was strong. Now those low rates are limiting their ability to pursue
10-year yield and mortgage rates In my 2025 forecast, I anticipated the following ranges: Mortgage rates will be between 5.75% and 7.25% The 10-year yield will fluctuate between 3.80% and 4.70% Last week, we observed a positive trend, as the 10-year yield gradually declined from a high of 4.43% to 4.24%. This drop has also
Loan Type New Purchase Rates Daily Change 30-Year Fixed 6.99% -0.04 FHA 30-Year Fixed 7.37% No Change VA 30-Year Fixed 6.64% -0.04 20-Year Fixed 6.81% -0.08 15-Year Fixed 6.09% -0.04 FHA 15-Year Fixed 6.82% No Change 10-Year Fixed 6.05% +0.04 7/6 ARM 7.44% No Change 5/6 ARM 7.45% -0.01 Jumbo 30-Year Fixed 7.04% -0.05 Jumbo
Buyers jumped at lower mortgage rates earlier this year, but experts say economic uncertainty amid Trump’s trade war could stall the housing market. CHARLOTTE, N.C. — Home sales may be up, but behind the scenes, builders are hitting pause. Rising costs, shaky confidence and global trade tensions are creating new roadblocks for America’s housing market.
Spring House Hunt A Q&A with Boston-based Shant Banosian, one of the country’s country’s most successful mortgage lenders. Shant Banosian, in his Waltham office, made 1,594 loans totaling more than $1 billion in 2024. Suzanne Kreiter/Globe Staff By Jim Morrison, The Boston Globe April 24, 2025 | 9:22 AM 5 minutes to read By any
Fast-growing fruit trees for your backyard harvest Here are five fast-growing fruit trees you can plant in your backyard for a quicker harvest. unbranded – Lifestyle Rates for home loans remained high as consumer and investor confidence takes a hit amid the White House’s tariff roll-out. In the week ending April 24, 30-year fixed-rate mortgages
Key Takeaways At its last two meetings, the Fed left interest rates on pause, halting a stretch of three rate cuts in late 2024. Renewed reductions are eventually expected, with financial markets currently pricing in at least three rate cuts by the end of this year. But how that would affect mortgage rates is murky,
If no kickoff or punt return touchdowns occur during the regular season or playoffs, the prize pool will roll over and grow each week, the Steelers announced. “At Howard Hanna, we’re proud to continue our deep-rooted connection to Pittsburgh and its iconic sports culture,” Howard Hanna III, CEO of Hanna Holdings Inc., said in a
We spoke to Banosian about his plans in his new role and the future of mortgage lending. Q. Will you continue to do loan origination while serving as president of Rate? A. Yes, I’ll do both. I’m the first president in the history of the company. Our CEO, Victor Ciardelli, has done an amazing job
Many first-time buyers do not fully understand how mortgage rates are tiered Choosing a mortgage can feel daunting, especially for first-time buyers unfamiliar with the process or existing homeowners facing the prospect of higher bills if mortgage rates are higher than when they bought their property. Borrowers will be keen to find the cheapest possible