mortgage rates

Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months

27 نوفمبر 2024 07:47 م

Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasona

Mortgage rates jump for the sixth-straight week

07 نوفمبر 2024 07:44 م

Borrowing money to buy a home in the US has become more expensive for each of the past six weeks, even as the Federal Reserve is expected to announce another interest rate cut later Thursday.

Weekly mortgage demand drops as interest rates hit the highest level since August

09 أكتوبر 2024 06:59 م

An abrupt turn higher for mortgage interest rates caused weekly demand from both potential homebuyers and current homeowners to drop.

Mortgage refinance boom takes hold، as weekly demand surges 20%

25 سبتمبر 2024 07:07 م

A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings.

American mortgage rates to decline from 7%now to 6% by next year

11 يوليو 2024 10:22 م

American mortgage rates dropped for the fifth time in six weeks as Fed Rate-Cut expectations mount and homebuyers are starting to see slight signs of relief and ortgage rates in US have eased in recent weeks from more than 7%, where it hovered in April and May to less than 6.9% and it is expected to decline to 6% by the end of next year.

LonRes warned London luxury homes sales down16%in January with largest prices decline since2019

23 فبراير 2024 10:20 ص

LonRes, the real estate researcher in Britain, warned that sales of London luxury homes plummeted 16% in January compared with a year earlier as higher interest rates affected demand and more supply came to the market that prices for properties in prime areas of the UK caital, defined as 34 exclusive neighborhoods including Belgravia, Mayfair and Kensington, were down 7.1% in last month compar

To buy a house in today’s market، more people in the U.S. turn to an alternative lender: their parents

14 نوفمبر 2023 05:25 م

On top of soaring home prices, 30-year fixed mortgage rates have been hovering near the highest level in more than two decades

Fed’s pause on interest rates is a blow to affordable housing in California

16 يونيو 2023 06:23 م

Mortgage rates are likely to remain high despite the Federal Reserve’s pause on interest rate hikes

Mortgage demand in the US surges as interest rates ease off recent highs

14 يونيو 2023 04:59 م

Mortgage rates pulled back for the second straight week last week, and it was enough to get both current and potential homeowners on the phone with their lenders

US Mortgage Rates Rise to Highest Since March، Slowing Demand

24 مايو 2023 09:17 م

US mortgage rates rose to a more than two-month high, reducing home purchase and refinance activity

Choice of mortgage deals tops 5،000 in the UK but some rates have climbed higher

26 أبريل 2023 04:13 م

While the choice of products is widening, mortgage rates have been climbing, pushing up the cost of borrowing

Rising mortgage rates in the U.S. send ripples of dread through the real estate market

22 أبريل 2023 05:46 م

To help both homebuyers and sellers stay one step ahead of today’s rapidly evolving spring housing market, the latest real estate statistics in this installment of “How’s the Housing Market This Week?” will be broken down.

Home prices suddenly jump after several months of declines

03 أبريل 2023 04:53 م

Unexpectedly strong home sales at the start of this year reversed a sharp, several-month decline in home prices. Mortgage rates are behind the swing

Improving credit score is the best route for homeownership، experts

25 فبراير 2023 06:17 م

The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several months — down from above 7% in early November but roughly double the 3.3% average rate heading into 2022

92% of millennial homebuyers in the US say inflation has impacted their purchase plans، but most are plowing ahead anyway، study shows

26 يناير 2023 06:06 م

It may come as no surprise that among millennials who have intended to buy a house this year, 92% said in a recent survey that inflation has impacted their goal

US Home-Price Growth Slows Most on Record as Market Hits Brakes

25 أكتوبر 2022 07:15 م

The US housing markets sudden reversal is sapping demand and pushing prices down the most since 2009

Existing-Home Sales in US Extend Decline to Longest Since 2007

20 أكتوبر 2022 05:32 م

Sales of previously owned US homes fell for an eighth straight month in September, underscoring how soaring mortgage rates are punishing the housing market

Mortgages Approach ‘Scarily High’ Level After UK’s Week of Chaos

02 أكتوبر 2022 04:38 م

UK lenders are offering mortgage rates not seen in more than a decade as market turbulence continues to upend the housing market

Canada's housing market has never been more unaffordable: RBC's Hogue

29 سبتمبر 2022 06:14 م

Buying a home in the Canadian market has never been so unaffordable, as surging interest rates continue to drive ownership costs to record-high levels

The world's hottest housing markets are facing a painful reset

12 سبتمبر 2022 08:14 م

Around the world, soaring borrowing costs are squeezing homebuyers and property owners alike

Home-Price Skid Hits Four Months Amid Steep Bank of Canada Rate Hikes

15 أغسطس 2022 04:19 م

Canadas real-estate correction deepened, with prices falling for fourth straight month as the central bank rat

Mortgage Rates Swing Back Up, Hitting 5.22% in Volatile Market

11 أغسطس 2022 08:04 م

The average for a 30-year loan increased to 5.22% 4.99% last week, Freddie Mac said Thursday in a statement. Thats the first increase since July 21

This topsy-turvy housing market can help burned-out buyers reset

30 يوليو 2022 04:15 م

First-time home buyers Courtney Culbreath and her husband, Tyler Graham, say theyve been helped and hurt by the fast-moving housing market that is simultaneously cooling down soaring demand yet ratcheting up mortgage rates, which had been rock bottom for years

UK Lenders Struggle to Cope With Demand as Mortgage Costs Soar

23 يوليو 2022 02:34 م

UK lenders are pulling mortgage products to avoid being overwhelmed by surging demand customers seeking to fix their payments amid record rises in home loan rates

US Mortgage Rates Rise to 5.3%, Highest Level Since July 2009

12 مايو 2022 07:44 م

US mortgage rates jumped again this week, extending a steep climb that is shutting some would-be homebuyers out of the market

Mortgage rates in the U.S. resumed their upward climb

05 مايو 2022 07:38 م

The average for a 30-year loan jumped to 5.27% 5.10% last week, Freddie Mac said in a statement Thursday

Homebuyers in U.S. Lose Hope as Costlier Loans Sap Affordability

15 فبراير 2022 10:04 م

First-time homebuyers, already getting clobbered by bidding wars, now face a potential knockout punch: higher mortgage rates

Mortgage rates in the U.S. dipped for the first time in a month

27 يناير 2022 08:22 م

Still, borrowing costs are expected to increase in the coming weeks in anticipation of the Federal Reserve hiking interest rates to tame surging inflation