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No fall in interest rates despite inflation hitting 2% target, Bank of England announces
The Independent via Yahoo News· 1 day agoBut union chief Sharon Graham, of Unite, said: “Once again, the Bank...interest rates and the UK...
Housing market seeks Fed rate-cut relief as sales slump
TheStreet.com· 1 day agoThe Commerce Department reported Thursday that new housing starts, which comprise both single-family homes and multifamily units, fell to the lowest levels since 2020 last month amid sky-high ...
Potential For Declining Rates This Summer, Following CPI Report
National Mortgage Professional· 4 days agoExpectations about mortgage rates are all over the place this year. Previously industry participants had eagerly predicted several rate cuts to come from ...
Mortgage demand flattens even as interest rates hit the lowest level since March
NBC San Diego· 2 days agoMortgage applications to purchase a home rose 2% for the week and were 12% lower than the same week one year ago. Mortgage rates moved a little bit higher ...
Bank of England accused of ‘penalising the young’ by keeping mortgage rates high
The Telegraph via Yahoo Finance· 2 days agoThe Bank of England is “penalising the young” by keeping rates on 95pc mortgages artificially high,...
Home prices hit record high in May as sales stall
CNBC· 9 hours agoSales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high. This...
Bank opens door for August interest rate cut
BBC via Yahoo Finance· 1 day agoThe rate-setting committee voted 7-2 to hold rates, but the result...election was "not relevant to its decision". The Bank of England's interest rate has...
New Construction Hits Wall of High Prices and Mortgage Rates in May
US News & World Report· 1 day agoPermits fell to a 1.386 million annual level, down from 1.44 million in April, while starts dropped to 1.28 million from 1.35 million a month earlier. The housing sector is facing an impasse ...
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
Investopedia· 2 days agoIf the U.S. is to build its way out of the current housing shortage, it needs homebuilding to take...
Blackstone Mortgage Trust (NYSE:BXMT) Rating Reiterated by Keefe, Bruyette & Woods
ETF DAILY NEWS· 2 days agoBlackstone Mortgage Trust (NYSE:BXMT – Get Free Report)‘s stock had its “market perform” rating...