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What’s driving mortgage rates the week of June 21-25, 2021
...does not include information about every financial or credit product or service. Mortgage rates have hovered near all-time lows for months. While economists expect rates to rise by the end......

Inflation is rising: Here's how that could impact your investments
...David Kelly, chief global strategist for JPMorgan Funds. Inflation also ties into mortgage rates and thus home affordability. Expectations for future inflation help drive interest rates including......

Key indicators that the United States is recovering from the pandemic
...Covid-19 restrictions point to hope for the future of the industry. Vacation home sales are booming People are traveling again, and not just to faraway places. Vacation home sales are up 33%......

Business upticks show how Americans are recovering from the pandemic
...Covid-19 restrictions point to hope for the future of the industry. Vacation home sales are booming People are traveling again, and not just to faraway places. Vacation home sales are up 33%......

The housing market is on fire. The Fed keeps adding gasoline
...fastest pace on record, the Federal Reserve continues to prop up the housing market by purchasing $40 billion of mortgage bonds each month. And while the Fed is finally "talking about talking......

Housing Affordability Declines as Prices Continue to Rise and Incomes Fall
...housing affordability declined in April compared to a year ago, according to NAR's Housing Affordability Index . Affordability declined in April compared to March as the median family incomes......

Mortgage and real estate news this week: The sell/buy dilemma and the end of eviction protections
...landscapes right now is dictated by three factors: limited home inventory, low mortgage rates and the ongoing coronavirus pandemic recovery. Here’s how those trends played out this week. 1. When......

Mortgage rate deals for week ending June 19, 2021: Top offers from lenders
...can save thousands of dollars by getting at least three bids. Compare mortgage rates in your area now . Average clicked on rate for purchase loans The average rate clicked on by Bankrate......

Central Bank Digital Currencies: A Solution In Search Of A Problem
...problem clearly. Let us tackle the unbanked issue first. According to the FDIC’s latest survey , as of 2019, 95 percent of U.S. households had either a bank or credit union account. This......

Cryptocurrency 101: All You Really Need To Know
...an analogy that might help. "When you buy a house, you get title insurance to make sure that no one else has filed a claim to the property. And that's why we have title insurance companies......

Mortgage interest rates today for June 18, 2021: Rates trend higher
Today a handful of important mortgage rates climbed higher. If you're in the market for a mortgage, see how that could affect you. A few significant mortgage rates moved up today. The average......

Today’s refi rates tick higher – June 18, 2021
...see today’s average rates? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most up-to-date rates available. Here you can see the latest national average......

Today’s Mortgage and Refinance Rates, June 18th, 2021 | Majority of rates rise
...All rate data accurate as of Friday, June 18th, 2021 at 7:30am. Mortgage rates for home purchase 30-year mortgage rate trends higher, +0.08% The average rate you’ll pay for a 30-year fixed......

Multifamily, SFR Should Remain Fastest Growing Housing Segment
...fastest growing segment of the US housing market says DBRS Morningstar in a new report. "Single-family...

'I can't separate my identities': For LGBTQ people of color, discrimination is worse, researchers say
...that LGBTQ people of color not only experience more discrimination  in the workplace, the housing market and other sectors than white LGBTQ individuals but suffer “profoundly greater harm” as......

Ex-JPMorgan Chase Exec Has A Plan To Narrow Racial Wealth Gap In Every Major U.S. City
...replicate in every major city across the U.S. According to the FDIC’s latest survey , 13.8% of Black households and 12.2% of Hispanic households had no bank accounts in 2019, compared to just......

Juneteenth 2021: Are banks open? Most will operate as usual after the new federal holiday was quickly passed
...their plans as soon as possible. Institutions that are supervised by the FDIC should comply with the requirements of their state chartering authority, it added. "Given the timing, institutions......