current mortgage rates

Any rate cut fuels hopes of reviving America’s housing market

18 سبتمبر 2024 08:20 م

The very real possibility of a rate cut from the Federal Reserve is fueling hopes that America’s sluggish housing market might soon turn a corner.

Weekly mortgage demand in the US stalls، even though rates drop to lowest since April 2023

28 أغسطس 2024 07:08 م

Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.

US Homebuilder Sentiment Drops as Companies Wait for Rate Cuts

15 أغسطس 2024 08:12 م

Confidence among US home builders slipped for the fourth straight month to its lowest point of the year in August as high loan rates and home prices weigh on companies and buyers alike.

Mortgage refinancing in the US surges 35% in one week، as interest rates hit lowest level in over a year

14 أغسطس 2024 06:29 م

It appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted.

US Homebuilder Sentiment Declines for a Third Straight Month

16 يوليو 2024 08:03 م

Confidence among US homebuilders fell for a third straight month in July as elevated interest rates weighed on sales and kept construction financing costs high.

Why is competition in the U.S’ housing market cooling off?

15 يونيو 2024 05:34 م

More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.

Weekly mortgage demand drops to three-month low، as rates begin climbing again

29 مايو 2024 06:34 م

After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand.

Mortgage demand from homebuyers drops even as interest rates pull back to April lows

16 مايو 2024 05:18 م

Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today’s housing market. As a result, mortgage demand flattened at a weak pace. Total mortgage application volume inched up just 0.5% from one week earlier, according to the Mortgage Bankers Association’s seasonally adjusted index.

Mortgage demand drops as interest rates soar over 7%

24 أبريل 2024 07:14 م

Mortgage rates rose for the third straight week last week, hitting the highest level since November. As a result, mortgage application demand dropped 2.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Mortgage refinance demand in the U.S surges even as rates cross back over 7%

10 أبريل 2024 11:32 م

Overall mortgage demand has now moved sideways for three straight weeks, but last week saw a split between those looking to buy a home and those hoping to save money with a refinance.

Homebuilder sentiment turns positive for the first time since July

18 مارس 2024 06:09 م

U.S. homebuilders are feeling more confident about their businesses than they have since last summer, as they see better demand despite stubbornly high mortgage rates.

Weekly mortgage demand in the U.S. jumps again as interest rates fall just below 7%

13 مارس 2024 08:16 م

Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Mortgage rates in the U.S. plunge and demand finally inches back

08 نوفمبر 2023 05:27 م

Mortgage rates saw the biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month

Homeowners on the brink face tough choice of selling home as mortgage payments climb in Canada

16 أكتوبر 2023 07:15 م

As more and more homeowners face mortgage renewals at surprisingly higher interest rates, some are facing the dreaded prospect of having to sell a home they can no longer afford

Weekly mortgage demand increases in the U.S.، driven by a strange surge in refinancing

21 سبتمبر 2023 05:05 م

Mortgage rates rose again last week, and so did demand for refinances, which at face value doesn’t make a lot of sense

Mortgage demand from homebuyers in the U.S. drops for the third straight week as interest rates rise

02 أغسطس 2023 05:09 م

Applications to refinance a home loan also dropped 3% for the week and were 32% lower than the same week one year ago

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.