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Mortgage Activity Wanes as Rates Continue to Rise
The Real Deal· 15 hours agoThe average rate for a 30-year fixed-rate mortgage with conforming loan balances also rose, from 7.13 percent to 7.24 percent. Purchase-loan ...
Program has $35 million to help home buyers with down payments & lower interest rates
WHNT Huntsville via Yahoo Finance· 6 hours agoThe program is intended to help first-time and lower-than-average-income people afford a home. It...
Mortgage demand drops as interest rates soar over 7%
NBC Chicago· 20 hours agoApplications for a mortgage to purchase a home fell 1% for the week and were 15% lower than the same week one year ago. The ARM share of mortgage ...
A new reality of 7% mortgage rates could be setting in, top economist says
Fortune· 9 hours agoAt one point, the average mortgage rate was as low as 2.65%. “If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of ...
Q1 2024 M/I Homes Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 45 minutes agoAnd our effective tax rate was 23% in the first quarter compared to 24% in last year's first quarter. Our earnings per diluted share for the quarter increased to...our book ...
Mortgage Applications Down in High-Rate Environment
RISMedia Real Estate News· 13 hours agoAfter a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the
What is mortgage interest, and how does it work?
Yahoo Personal Finance· 9 hours agoRead more: Best mortgage lenders for first-time buyers How mortgage interest works Mortgage interest is the fee for taking out a < ...
High interest rates make it hard to buy a home. Assumable mortgages can make it achievable
NBC Washington· 5 days agoHigh interest rates have left many home buyers on the sidelines waiting for rates to decrease....
Baby boomer packed housing markets are unfazed by higher mortgage rates—the rest don’t have enough...
Fortune via AOL· 3 days agoBut home prices haven’t fallen, not meaningfully, and not broadly because nobody is selling their...
With mortgage rates above 7 percent, here’s what home buyers should know - The Boston Globe
The Boston Globe· 3 days agoDemand for home loans may be increasing in Greater Boston, despite mortgage rates rising above 7...