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Interest rates are trending down, that's good news for home buyers

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www.youtube.com – CBS Miami – 2024-08-26 06:32:05

SUMMARY: Interest rates are declining and are expected to drop further during the Federal Reserve’s meeting in September, which could positively impact borrowers. As rates decrease, mortgage rates may follow suit, potentially leading to significant savings for homebuyers. For instance, a reduction from 6.375% to 6% on a $400,000 loan could save roughly $100 monthly and $36,000 overall. While many are eager for lower rates, experts caution that increased buyer competition might drive home prices up. Those waiting to buy can benefit by placing their funds in high-interest savings accounts, allowing their money to grow while they wait.

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Morgan Rynor reports that 30-year-fixed mortgage rates, which are controlled by the bond market, are already trending down.

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South Florida 11 p.m. Weather Forecast 4/26/2025

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www.youtube.com – CBS Miami – 2025-04-26 23:02:31

SUMMARY: The South Florida weather forecast for April 26, 2025, indicates a calmer day ahead, with winds dying down, reducing rip current risks. Temperatures will rise into the mid-80s. The region is expected to remain dry, but rain chances increase next week, particularly on Tuesday (20% chance). A front from the north may bring showers Monday and Tuesday. Current conditions are mostly clear with temperatures in the mid-70s. Winds are moderate, maintaining a rip current risk. Expect breezy conditions later in the week along with additional rain, particularly Thursday and Friday, with temperatures staying warm.

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CBS News Miami’s NEXT Weather Meteorologist Dave Warren says to expect a warm and dry Sunday as Saturday ends with quiet conditions.

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Lawsuit says migrants endure isolation and intimidation at US’ Guantanamo detention center

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www.news4jax.com – Morgan Lee, Associated Press – 2025-04-26 20:33:00

SUMMARY: Immigration and civil rights advocates are expressing renewed concerns over the treatment of immigrants detained at Guantanamo Bay. A recent lawsuit filed on behalf of two Nicaraguans alleges that detainees face extreme isolation and limited access to legal counsel, creating a climate of “fear and intimidation.” This environment, described as more restrictive than other facilities, undermines their constitutional rights. Attorneys report that legal communications are not confidential, as detainees are restrained during calls. Testimonies reveal fears of monitoring and reprisals. Advocates are seeking judicial intervention for the rights of future immigrant detainees at Guantanamo amid increased deportations.

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They came for the canonization of a millennial saint. They stayed for Pope Francis’ funeral

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www.news4jax.com – Vanessa Gera, Associated Press – 2025-04-26 08:03:00

SUMMARY: Thousands of young people gathered in Rome for the canonization of Carlo Acutis, the first millennial saint, which was postponed due to the death of Pope Francis. Despite the somber occasion, the funeral took on an uplifting tone, reflecting Francis’ joyful approach to life. Many attendees, including those from Italy, Spain, and Bosnia, had planned their trips around the canonization. They shared admiration for Francis, praising his humility and advocacy for social justice. Though disappointed by the suspension, they found comfort in celebrating the pope’s legacy, believing his death during Easter symbolized hope.

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