lodging

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.”  Here are ways to save

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save

Noel Hendrickson/Getty Images Even with signs of a slowing housing market, home buyers are still feeling the sting of high prices and higher interest rates. The average rate for a 30-year fixed-rate mortgage is 6.7% on Friday, down from 3.3% at the start of 2022, according to Mortgage News Daily. Along with that, home prices …

As 30-year mortgage rates hit 6.7%, homebuyers face “payment shock.” Here are ways to save Read More »

Why Americans shouldn't panic as the Fed hikes interest rates: Financial experts

Why Americans shouldn’t panic as the Fed hikes interest rates: Financial experts

Americans should stay calm, bolster their personal savings and keep an eye on their long-term financial plan as the Federal Reserve raises interest rates sharply, personal finance experts told the Post. The Fed raised its key rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more …

Why Americans shouldn’t panic as the Fed hikes interest rates: Financial experts Read More »