Rocket Mortgage: Neal Shipley finds no learning curve, contends in 1st professional PGA Tour start
Neil Shipley is no longer an amateur golfer, he’s officially a professional. He made his PGA Tour Americas debut last week at the Beachlands Victoria Open, finishing tied for ninth. Shipley made his first professional appearance on the PGA Tour after receiving a sponsorship exemption for the Rocket Mortgage Classic, but he’s a familiar presence […]
Mortgage rates trickle down, but home prices remain high: Freddie Mac
Mortgage rates didn’t fall much this week, offering no relief to buyers. (iStock) Prospective homebuyers didn’t get much reassurance about mortgage rates this week, with the average rate on a 30-year fixed-rate mortgage barely changing at 6.86% from 6.87%. Freddie Mac is. Last year, interest rates didn’t vary much, averaging 6.71% for a 30-year mortgage […]
Rocket Mortgage Classic: Akshay Bhatia goes low with massive bogey free start
Akshay Bhatia entered the Rocket Mortgage Classic in Detroit on the strength of his runner-up finish at the Travelers Championship. He shot an eight-under, bogey-free 64 with six birdies and one eagle on Thursday at Detroit Golf Club. “It was up and down today, because I missed the green once,” Bhatia said. “Overall, I hit […]
Former Rocket Mortgage Classic champion making more memories, records first PGA Tour hole-in-one
Nate Lashley, 41, who won the Rocket Mortgage Classic in 2019, started this year’s tournament with a bang. He aced his second hole of the day, the par-3 11th, which at 217 yards is known as one of the most difficult holes at the Detroit Golf Club. First hole-in-one PGA Tour career highlights. “It was […]
Mortgage rates fall slightly to 6.86%
James Bullard, former president and CEO of the Federal Reserve Bank of St. Louis, looks ahead to the next interest rate decision, analyzes employment data, and reacts to Chair Yellen’s housing development policy. Mortgage rates were mixed this week, with the standard 30-year note rate declining slightly for the fourth straight week, while shorter-term rates […]
Nick Bienz Throws Down A Few Beers To Calm His Nerves, Qualifies For The Rocket Mortgage Classic Just Like That
America, meet Nick Bienz! A Golf Galaxy employee who will play in the 2024 Rocket Mortgage Classic after surviving a playoff during a qualifier Monday. Playing at The Orchards Golf Club in Washington, Michigan, Bienz shot a 7-under 65, one of five golfers to do so. However, there were only four qualifying spots left for […]
Rocket Mortgage Classic: How to watch, preview, tee times, more
The PGA Tour is hosting the Rocket Mortgage Classic in Detroit, Michigan, where Rickie Fowler will be defending his title. After three weeks of spectacular golf, the tournament won’t feature the top-ranked players, but it will feature some strong golfers looking to climb the FedExCup ladder. The Donald Ross designed Detroit Golf Club is one […]
How the US national debt is keeping mortgage rates elevated
Economist Peter Morici breaks down what the national debt is, why it has ballooned to more than $34 trillion, and what it means for Americans. Home buyers in the United States Federal Reserve They are eagerly awaiting interest rate cuts that could bring relief from painfully high borrowing costs. But there’s another factor that could […]
We escaped the rat race and now live mortgage free — here’s how we did it
The Australian family has spent the past five years travelling around the country relying on income from an investment property. Amy and Jack Bell, aged 30 and 31 respectively, and their three children from the Gold Coast, have been living this lifestyle for the past five years, outside the rat race that many of the […]
Mortgage rates drop for third week in a row, but home buyers remain reluctant
Mortgage rates may be falling, but buyers aren’t convinced now is the right time to buy. (iStock ) There’s good news and bad news about mortgage rates this week. The good news is that rates continue their gradual downward trend, with a 30-year fixed rate mortgage averaging 6.87%. Freddie Mac is. While this is encouraging, […]