Bank of Japan Resumes Hiking Rates as Economy Strengthens
Top News Bank of Japan Resumes Hiking Rates as Economy Strengthens The Bank of Japan raised its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike since ending its ...
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Weekly Mortgage Rates Drop as Home Sales Stall
Mortgage rates dipped below 7% this week as the housing market continued to snuggle into its winter hibernation.The average rate on the 30-year fixed-rate mortgage fell 12 basis points to ...
Housing Shortage, Not Volatile Rates, Is Biggest Obstacle for Buyers, Zillow CEO Says
The U.S. housing market has been hurt by volatile mortgage rates, but a severe shortage of available homes is the most critical obstacle for would-be buyers, Zillow CEO Jeremy Wacksman said.