Justin Sullivan / Getty Images The average American 30-year fixed mortgage rate fell from 2.87% to 2.81%, the lowest in Freddie Mac data nearly 50 years. The reading is also the 10th …
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Starbucks Corp. SBUX -0.65% Officials said it would mandate antibody training for officers and tie their compensation to increasing minority representation in their workforce, becoming the latest company to set fresh diversity …
Read More »Porterhouse to Go: Steakhouse Making Big Changes to Survive
How difficult is it to run a steakhouse in the midst of an epidemic? Peter Lugar, a Brooklyn institution, is offering delivery for the first time in its 133-year history. Peter Luger …
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The owners of the restaurant say they have become accustomed this year to continuously strengthen themselves to survive. Coming around Mother Nature may be her biggest challenge as American chiefs towards winter. …
Read More »Mortgage rates fall by about 5%, even a drop in interest rates.
Despite another interest rate decline, demand for refinancing and purchasing mortgages fell, with total mortgage application volume down 4.8% from the previous week, according to the Mortgage Bankers Association. Record-low mortgage rates …
Read More »Home prices rose 4.8% in July, according to the Case-Schiller index
People await a house for sale on September 6, 2020 in Garden City, Nassau County, New York, United States. Xinhua News Agency | Getty Images Strong demand from homebuyers in July, coupled …
Read More »A mortgage refinance will cost more thanks to an ‘unfavorable market’ fee
If you have thought about refinancing your mortgage, keep in mind that it may soon be a more expensive proposition. Due to the 0.5% “unfavorable market” fee, effective December 1 and imposed …
Read More »Mortgage demand fell last week as interest rates halted
With no major move in mortgage rates, there was suddenly no incentive to refinance home loans last week, so fewer people did. According to the Mortgage Bankers Association, it has fallen 2.5% …
Read More »A record number of borrowers can save on a mortgage refinance, as rates determine historical lows
Potential homebuyers in Seattle attend an open house. Mike Kane | Bloomberg Getty Images The mortgage rate simply sets another new low, and means that the number of borrowers who could benefit …
Read More »Mortgage demand from homebuyers is now 28% higher than last year
A “For Sale in Owner” sign is posted in front of the property in Monterey Park, California. Frederick J. Brown | AFP | Getty Images Homebuyers are rushing for mortgages, but fewer …
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