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Mortgage arrears surge to 10-year high thanks to high interest rates
Daily Express· 4 days agoAdditionally, its data shows that the proportion of loan balances in arrears rose by 30 basis points...
The Fed keeps interest rates steady. What does that mean for California mortgages?
Modesto Bee via Yahoo News· 3 days agoBut getting a 30-year fixed-rate mortgage under 7% could be challenging, said Jacob Channel, senior...
Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
San Francisco Chronicle· 2 days agoMortgage rates eased again this week, though the latest pullback leaves the average rate on a...
Mortgage Rates Fall on Positive Inflation News
Investopedia· 2 days agoHelped by welcome inflation data Wednesday, 30-year mortgage rates have dropped to a two-month low. Many other loan averages also sank, many by double-digit basis points.
Why competition in the housing market is cooling off
NBC Universal via AOL· 12 hours ago“Buyers are facing these incredibly high mortgage rates, at least relative to what they were during the pandemic,” said Fairweather, who believes...
Mortgage Application Volume Jumps 15.6%
National Mortgage Professional· 3 days agoMortgage applications increased for the first time in several weeks as mortgage rates trended lower last week. The Mortgage Bankers Association ...
Mortgage rates could be heading for a drop
Newsweek· 3 days agoInflation in May came in cooler than expected, the U.S. Bureau of Labor Statistics revealed on Wednesday, a development that could spur a downward trend...
Rates decline as Fed holds steady - Mortgage rates for June 13th, 2024
Bankrate.com· 2 days agoMortgage rates fell across the board compared to a week ago, according to data compiled by Bankrate. At the close of the Fed meeting on June 12, policymakers again held off ...
Mortgage Rates Ease for Second Straight Week, Leaving Average Rate on a 30-Year Home Loan at 6.95%
US News & World Report· 2 days agoMortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it's been much of ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via AOL· 3 days agoAs of June 12, the average 30-year rate stood at 7.10 percent, according to Bankrate’s national...