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Economy News Mortgage Lock Ins Cost Us Economy $20 Billion In One Year | RobinsPost News & Noticias

Mortgage rates haven’t been this low in nearly a year. Thank the Fed — but not entirely


The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing. Read More

US 30-year mortgage rate drops, refinances jump, MBA data shows


The interest rate on the most popular U.S. home loan dropped last week to its lowest in a year, sending homeowners racing to lock in cheaper borrowing costs as slowing jobs growth and expectations for ... Read More

Mortgage rates dive on reports of worsening U.S. economy: ‘We are seeing a lot of interest in refinances’


One housing economist says the 30-year mortgage rate will drop below 6% if next month’s jobs report is also negative. Read More

US economy braces for twin housing, labor market headwinds


The U.S. labor market appears to be deteriorating rapidly just as the country's housing market is also creaking, two negative forces that risk feeding off each other and smothering economic growth. Read More

Falling Homebuilding Permits Suggest Troubles Ahead for US Economy


Plunging housing starts and residential permits reflect homebuilders' discouragement amid a glut of unsold homes across the U.S. Read More


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