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Jumbo Mortgage Market Inflates increased mortgage rates often mean a decreased stock market. But it’s not always that simple. As noted earlier, one of the determining factors of interest rates for mortgages is the movement and relationship of stocks and bonds. Stocks and bonds compete for investment money, as only so much money exists in the market. Other related articles:
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Rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016 Mortgage Masters Group Rising Rents, Stagnant Wages, and the Burden of Unstable Housing. Nearly a third (30 percent) of households nationwide, representing roughly 73 million adults, report they’re struggling or just getting by financially. And it’s no wonder; Americans spend on average a median of 29.1 percent of their income on rent,
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NEW YORK — Amid the seriousness of the day, Sen. John McCain may have bruised the feelings of late-night comedian David Letterman. McCain was due to tape an appearance on "Late Night with David.