Nora Colomer

Nora Colomer is a seasoned business journalist with over two decades of experience. She currently writes about personal finance for Fox Business' Strategic Initiatives team. Her work focuses on topics such as housing, homeownership, credit building, cybersecurity fraud, and more. Nora has also served as an editor and writer covering capital markets and previously worked at Gaffney Austin as a creative content specialist with a focus on personal finance. Additionally, she was the London news bureau chief for Asset Securitization Report. In recent news, the average 30-year fixed-rate mortgage was 7.10% for the week ending April 18 according to Freddie Mac's latest Primary Mortgage Market Survey.

Biography:  https://www.foxbusiness.com/person/c/nora-colomer

64%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

50%

Examples:

  • The biography provided heavily emphasizes Nora Colomer's experience in personal finance and business writing but does not mention any specific instances of bias.

Conflicts of Interest

75%

Examples:

  • Nora Colomer previously worked at Gaffney Austin, a content solutions and consultancy firm that focuses on personal finance topics. This may raise questions about potential conflicts of interest in her reporting.

Contradictions

75%

Examples:

  • The contradiction mentioned in the article states that the mortgage loan limit has risen above $1.1M as home prices surge, while in reality, rising mortgage rates and costs may be making homeownership less affordable for some.

Deceptions

60%

Examples:

  • The article suggests that potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year, implying a choice between two options when in reality, rising rates and costs may be making homeownership less affordable for some.

Recent Articles

Mortgage Rates Surge to 7.10%: Homebuyers Race Against Time Amidst Inflation and Fed Indications

Mortgage Rates Surge to 7.10%: Homebuyers Race Against Time Amidst Inflation and Fed Indications

Broke On: Wednesday, 17 April 2024 Mortgage rates have surged to over 7.10%, causing only slight decreases in applications despite rising home prices and borrowing costs. Inflation, the Fed's delayed interest rate cuts, and the Consumer Price Index (CPI) inflation at 3.5% annually are driving up mortgage rates, which may reach 7.5% or higher.