Mortgage rates resisted the temptation to move upward after hitting the highest level in months a week ago. But research suggests that many households won’t manage to take advantage of the potential savings the low-rate environment represents.
“ ‘Mortgage rates were flat this week as investors stood pat, waiting for more signs dictating the economy’s path forward and potential key decisions made by the Federal Reserve.’ ” The refinance boom of last year didn’t help all homeowners equally Whether existing homeowners and prospective home buyers will be able to make the most of this reprieve from rising rates — however long it lasts — remains to be seen.
“The refinance boom did little to close the nation’s lingering racial wealth and homeownership gaps,” NCRC president and CEO Jesse Van Tol said in the report.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden sees dip in support amid new COVID cases: AP-NORC pollNew AP-NORC poll: President Joe Biden is facing a summer slump, with Americans taking a notably less positive view of his handling of the coronavirus pandemic and his job approval rating ticking down. The media's been a little critical of Biden but it's nothing remotely close to the pressure required to make a politician resign. Plus, Biden and his people have no shame, so he's not going anywhere. The AP-NORC poll finds 54% of Americans approve of Biden’s job performance overall, down slightly from 59% in July. Now, 54% approve of his handling of the COVID-19 pandemic, down from 66% last month. Duh, do ya think?
Source: AP - 🏆 728. / 51 Read more »
Henri Becomes A Hurricane As It Nears Historic New England LandfallA hurricane hasn't hit New England in over 30 years. 💨🌊🌬 WitchesFor forbes support rich climate deniers The Day after tomorrow-much
Source: Forbes - 🏆 394. / 53 Read more »
First-Time Issuers Help Fuel Junk Bond RallyDemand for debut bond issues is coming from investors seeking better fixed-income returns amid ultralow interest rates and record savings. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Henry_Fx1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success So people are making millions from nothing. Bc they're rich. How is this helping everyday consumers? Oh it's not. Wallstreet is just laughing at us.
Source: WSJ - 🏆 98. / 63 Read more »
Afghanistan handling by Joe Biden rated by Americans in CaliforniaLos Angeles dwellers rated President Biden's handling of the troop withdrawal and evacuation in Afghanistan in a series of interviews with Fox News.
Source: FoxNews - 🏆 9. / 87 Read more »
Westminster vaccine plea 'ignored by central government'A low vaccine take-up near London's tourist sites is causing a spike in Covid cases, a council says.
Source: bbchealth - 🏆 143. / 63 Read more »
Shawn Mendes Proves The Summer Knits Trend Isn't Just For GirlsShawn Mendes wears his own twist on this season’s biggest trend in the video for “Summer of Love.”
Source: wmag - 🏆 723. / 51 Read more »