Credit card, car loans, and mortgage payments have all been rising in the US—and it's not just because of interest rate hikes
by KTVZ
KTVZ— Experian reports on what may be behind an increase in consumer personal debt including credit card, auto loan and mortgage payments.
Fox Business—Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024. The interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.625%, which is 0.125 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. Rates last...
www.theyeshivaworld.com—Average Long-Term US Mortgage Rate Rises Again To 7.22%. The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what’s typically the housing market’s busiest stretch of the year. The rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]
CNBC—U.S. oil rises nearly 2% to top $83 a barrel as slowing manufacturing raises interest rate cut hopes. The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports