Real Estate
The Federal Reserve pushed out rate-cut expectations — here's what that means for your credit card, mortgage rate, auto loan and savings account.
Upgrades could help consumers protect their home, typically one of their most valuable assets, from hurricanes and other natural disasters.
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.
While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.
"For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC.
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