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Interest rates

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Alongside rising yields, mortgage rates increase to 2.79%

The average rate for a 30-year fixed mortgage loan rose from its previous record low by 14 basis points this week to 2.79%, according to Freddie Mac.

Fed Quickens Pace, Raises Rate 3 Months After Last Hike

The Federal Reserve voted on Wednesday to again raise the key interest rate one-quarter percentage point, the first of three hikes anticipated for 2017. The rate was increased one-quarter percentage point just three months ago, in December 2016. "In view of realized and expected labor market conditions and inflation,

Why the Fed raises interest rates to combat inflation

Consumers hit with higher prices due to inflation likely aren't looking forward to interest rate hikes from the Federal Reserve. Why rate increases make sense.

Interest on variable interest rate loans move with market rates; interest on fixed rate loans will remain the same for that loan's entire term.

Interest on variable interest rate loans move with market rates; interest on fixed rate loans will remain the same for that loan's entire term.

What is an interest rate and how does it work? - Bright

Understanding how interest rates work can help guide your next big decision - and save you money month after month. Learn with Bright!

The Stock Market: The New Policy Focus Of The Federal Reserve - Seeking Alpha

The Federal Reserve is now fighting inflation and to do so it has refocused its attention on its policy rate of interest. Read more here.

There are seven deadly sins of investing that can be costing you thousands of dollars a year, or even millions of dollars over a lifetime. You’re probably committing at least one of them, and maybe several.

There are seven deadly sins of investing that can be costing you thousands of dollars a year, or even millions of dollars over a lifetime. You’re probably committing at least one of them, and maybe several.

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It’s important to note that the decision to buy a home should be based on your personal financial situation, and it’s always a good idea to consult with a financial advisor before making any major purchase. Even when interest rates are high, it’s still possible to find a good deal on a home and secure a favorable mortgage rate. Remember, the interest rate on rent is ALWAYS 100%! #delawarerealtor #homebuying #mortgage #firsttimehomebuyer
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