Dori Zinn

Dori Zinn is a financial journalist who covers topics related to mortgages, interest rates, and personal finance. She has written extensively about the impact of Federal Reserve decisions on borrowing costs and savings accounts. Her articles often provide insights into current economic trends and offer advice to readers looking to make informed financial decisions. Zinn's work is frequently featured in reputable publications such as CBS News, where she shares her expertise on mortgage rates, housing market dynamics, and the effects of monetary policy on consumers. Through her engaging writing style and thorough research, Zinn helps demystify complex economic concepts for a wide audience.

88%

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

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • Existing-home sales reached their lowest volume in 1995 in 2023 and home sales remained tight due to pinched inventory.
  • Overall housing starts rose 3.0% in June, but apartment projects drove this increase, not single-family home construction where starts fell to an eight-month low last month.
  • The average mortgage rate is now below 7% for 30-year fixed-rate loans.

Deceptions

65%

Examples:

  • Experts say we could be on the horizon of a drop to 6%
  • Many signs point to a Fed rate cut in the near future

Recent Articles

New Low: 30-Year Fixed Mortgage Rates Drop to Mid-March Level Amid Housing Market Struggles

New Low: 30-Year Fixed Mortgage Rates Drop to Mid-March Level Amid Housing Market Struggles

Broke On: Thursday, 18 July 2024 Mortgage rates hit a new low in the U.S., dropping to their lowest level since March, according to Freddie Mac. This decline comes as the housing market continues to struggle with record-low sales and inventory issues due to previous rate increases from the Federal Reserve. Homeowners are reluctant to sell due to locked-in lower rates, but even with declining mortgage rates, purchase application demand remains low as buyers wait for further drops.