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Federal Reserve minutes: Policymakers saw a longer path to rate cuts 

WASHINGTON (AP) – After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take...

U.S. existing home sales drop 1.9% in April, pushed lower by...

WASHINGTON (AP) – High mortgage rates and rising prices continued to put a damper on the spring homebuying season last month.  Existing home sales fell 1.9%...

Long-term mortgage rates retreat for second straight week

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing...

Are U.S. interest rates high enough to beat inflation? The Fed...

WASHINGTON (AP) – The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several...

Average long-term U.S. mortgage rate climbs above 7% to highest level...

LOS ANGELES (AP) – Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7%...

Average long-term U.S. mortgage rate rises to highest level since early...

LOS ANGELES (AP) – The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during...

Home sales rose in January with easing mortgage rates, larger supply

LOS ANGELES (AP) – Sales of previously occupied U.S. homes rose in January as homebuyers were encouraged by easing mortgage rates and a modest...

Voters usually say yes to bond issues. Are local, state officials...

It’s not a great time to borrow.  Talk to anyone who recently took out a mortgage or a car loan, now paying interest rates not...

Home prices jumped by the most in almost a year in...

LOS ANGELES (AP) – As a closely watched housing market barometer shows U.S. home prices in November posted their biggest annual gain in more...

2023 was slowest year for U.S. home sales in nearly 30...

LOS ANGELES (AP) – Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices...
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