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How rapidly rising mortgage rates are squeezing prospective homebuyers - Vimarsana News

How rapidly rising mortgage rates are squeezing prospective homebuyers

Phillip Spears/Getty Images(NEW YORK) -- For Emily and Michael Brown, the Federal Reserve's rate hikes hit close to home. The Browns had been renting a two-bedroom apartment in Washington, D.C., when their now-6-month-old daughter was born. Eager to upgrade to a bigger space, the couple wanted to put their savings to use buying their first home. But as they looked for a place to live this year -- and watched mortgage rates, and their potential monthly payments, steadily climb -- the couple lowered their budget from $500,000 to $400,000 and decided to put an offer on a home farther away fr...

How rapidly rising mortgage rates are squeezing prospective homebuyers: 'Do the math' - Vimarsana News

How rapidly rising mortgage rates are squeezing prospective homebuyers: 'Do the math'

As the Federal Reserve hikes interest rates to try to tame inflation, mortgage rates have spiked to levels not seen since the 2008 financial crisis

Source: go.com
First-time homebuyers in the District facing obstacles - Vimarsana News

First-time homebuyers in the District facing obstacles

Despite the high demand for homes, there are not enough of them on the market for buyers in the D.C. region. 

Source: fox5dc.com
Berkeley Lab's Top 10 Science Stories of 2021 - Vimarsana News

Berkeley Lab's Top 10 Science Stories of 2021

Dealing with our climate crisis continues to be top of mind, although batteries, magnets, and exotic elements also captured the imagination.

Source: lbl.gov
Scientists Develop COVID-19 Antibody that Neutralizes All Known SARS-CoV-2 Strains - Vimarsana News

Scientists Develop COVID-19 Antibody that Neutralizes All Known SARS-CoV-2 Strains

COVID-19 vaccines that save lives are making people feel positive again, after over one year of fear and tragedy. But vaccines are just one side of the coin, treatments that can prevent serious disease after a person has been infected are needed.