U.S. mortgage interest rates fall to lowest levels since September – MBA
(Reuters) – The average interest rate on the most popular U.S. home loan dropped to its lowest level since September as more evidence inflation is past its peak sent Treasury…
(Reuters) – The average interest rate on the most popular U.S. home loan dropped to its lowest level since September as more evidence inflation is past its peak sent Treasury…
BEIJING (Reuters) -China’s central bank and the banking and insurance regulator have established a dynamic adjustment mechanism on mortgage rates for first-time home buyers, the central bank said on Thursday,…
By Huw Jones and Iain Withers LONDON (Reuters) -Britain has called on banks to support households finding it difficult to make payments on mortgages during the cost of living crisis.…
NEWARK, N.J. – A Hudson County, New Jersey, real estate investor has admitted conspiring to orchestrate a fraudulent home equity line of credit scheme that led to over $400,000 in…
TRENTON, N.J. – A New Jersey real estate developer and attorney each admitted today to conspiring to orchestrate a mortgage fraud scheme that led to over $3.5 million in losses,…
A man who bought multiple lottery tickets with the same number will now have $300,000 to pay off his mortgage. According to the Maryland Lottery, the lucky winner from Prince…
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2 years, as the housing market buckles under the strain of…
(Reuters) – The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has…
By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards, banking and mortgage-broking sources said, despite authorities urging prudence in…
Mortgage Payments Surge 50% Since Last Year As Homebuyers Get Priced Out John Hugh DeMastri on November 10, 2022 As mortgage rates climbed, typical monthly mortgage payments on existing single-family…
By Lucy Craymer and Upasana Singh (Reuters) – The Reserve Bank of New Zealand said on Tuesday a preliminary analysis of its climate change stress test indicated that river and…
By Lucy Craymer and Upasana Singh (Reuters) – The Reserve Bank of New Zealand said on Tuesday a preliminary analysis of its climate change stress test indicated that river and…
Mortgage Rates Spike To Highest Level In Over 20 Years Bronson Winslow on October 26, 2022 Mortgage rates have continually increased for 10 straight weeks, with current 30-year fixed rates…
By Iain Withers and Lawrence White LONDON (Reuters) – Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices,…
(Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data…
High Interest Rates Are Strangling The Mortgage Market John Hugh DeMastri on October 19, 2022 As mortgage and interest rates skyrocket, demand for new mortgages hit its lowest level…
BUDAPEST (Reuters) – Hungary’s government has expanded its existing scheme that caps mortgage rates effective Nov. 1 to include mortgages carrying fixed interest rates up to 5 years, it said…
LONDON (Reuters) – One in five families in Britain will take a financial hit from having to pay more for their mortgages between now and 2024 with about a quarter…
LONDON (Reuters) – British lenders approved many more mortgages than expected in August, Bank of England data showed on Friday. Mortgage approvals rose to 74,340 last month, up from 63,740…
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic growth threaten to trigger a selloff in Britain’s…
(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since August 2008, data from the Mortgage Bankers Association (MBA) showed on…
By Andy Bruce LONDON (Reuters) -Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market…
(Reuters) – U.S. 30-year fixed-rate mortgages rose to 6.29% on Thursday, the highest level since 2008, according to Freddie Mac’s mortgage market survey. Last week, rates averaged 6.02%. A year…
(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) data showed on Wednesday. Rising…
BEIJING (Reuters) – Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress at more sites now threatens to intensify…