Friday, September 18, 2020

What the Fed's Extended Low Rate Means for Mortgages

What the Fed's Extended Low Rate Means for Mortgages: The Federal Reserve voted Wednesday to leave its benchmark lending rate—what banks charge one another for short-term borrowing—unchanged and near zero.

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New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford

New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford : New Listing-Income Alignment Score ...