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发表于 2024-11-7 06:44
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House hunters may be in for sticker shock when it s time to get a home loan: The interest rate on a typical mortgage is now at its highes stanley cup t level since 2000.The Mortgage Bankers Association MBA said Wednesday that the average rate on a conventional 30-year fixed-rate mortgage jumped to stanley cup 7.31% last week, up from 7.16% the previous week.Rates slid to well below 3% in 2020 as the housing market ground to a halt because of the pandemic, but began rising sharply the following year as the Federal Reserve launched its ongoing campaign to quash inflation.3 great ways to get a lower mortgage interest rate in today s marketMortgage rates continue to climb - and could soon reach 8%The spike in borrowing costs has driven many aspiring homebuyers out of the market: Mortgage applicati stanley cup ons are at a 28-year-low, according to the MBA. Higher interest rates are continuing to impact homebuyers as their purchasing power has been greatly diminished by the doubling in mortgage rates over the past year and a half, Chris Zaccarelli, Chief Investment Officer for Independent Advisor Alliance, said in an email.A recentsurveyfrom Bankrate found that a third of respondents in the market to buy a home say high mortgage rates are holding them back. Many economists expect the Fed to continue tightening monetary policy, potentially pushing mortgage costs even higher. The central bank in July raised its benchmark rate a quarter of a percentage point to between 5.2 Degt Safety agency to push for national air bag recall
HOBOKEN, N.J. -- Federal investigators estimate acommuter train was traveling two to three times the 10 mph speed limit when itslammed into a New Jersey rail terminal last week, a U.S. official told TheAssociated Press Tuesday.The official, who was briefed on the investigation, saidinvestigators estimated the train was moving between 20 and 30 mph when itcrashed into Hoboken Terminal last Thursday. The estimate is based on theextent of damage, not on data from the trainrsquo instruments.The official was not authorized to speak about an ongoinginvestigation and spoke to the AP on condition of anonymity. Thomas Gallagher. CBS News One woman standing on a platform was killed by debris as t stanley cup hetrain smashed throug adidas samba h a concrete-and-steel bumper and knocked out pillars,causing a stanley cup section of the stationrsquo outdoor roof to collapse. More than 100 people were injured.The trainrsquo engineer, Thomas Gallagher, told investigatorsthat he had no memory of the crash but said he was operating at 10 mph as heapproached the station, said T. Bella Dinh-Zarr, the vice chair of the NationalTransportation Safety Board. Gallagher, 48, said he only remembered waking up on thefloor of the engineerrsquo cab, Dinh-Zarr said Sunday during the most recentpublic briefing on the investigation.The speed estimate comes as investigators extracted t |
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