Consumers show ability to absorb a single rate hike
The 5-year ARMs are attractive to consumers, especially first-time homebuyers because the interest rates are lower, helping you save more money each month compared to the traditional 30-year mortgage.
Consumers tend to borrow more when rates are low and save more when rates are high but other issues can complicate the general patterns of behavior. Inflation Interest rates are only meaningful when compared against a barometer of some kind, and for consumers the barometer usually ends up being the inflation rate.
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The federal government last week released its auto insurance-related Consumer. to increase rates roughly "between 5 and 10 percent. The vast majority of them have been seeking an increase over the.
New GSE proposal seeks to fill capital void Higher home prices risk closing door on housing momentum CoreLogic adds self-service option to condo data service · Real Estate: S&P CoreLogic Case-Shiller National Index S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. data released today for October 2016 shows that home prices continued their rise across the country over the last 12 months. More than 27 years of [.]