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Bank Regulator in Canada Warns of Housing-Payment Shock by 2026
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when...
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Associated Press· 2 hours agoSales of previously occupied U.S. homes sank last month, pushed down by high mortgage rates and...
Mortgage Rates Go Down Over the Last Week: Current Mortgage Rates for May 17, 2024
CNET· 5 days agoThe average 30-year fixed mortgage interest rate is 7.02% today, a decrease of -0.12% since one week...
Weekly mortgage refinance demand revives as interest rates fall to 7-week low
NBC Chicago· 6 hours agoThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of...
Lower Refi Rates for Homeowners: Refinance Rates for May 21, 2024
CNET· 1 day agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red...
First-time homebuyers got squeezed last month as prices hit record April high
CNN Business via Yahoo Finance· 1 hour agoHotter-than-expected inflation readings sent bond yields surging and mortgage rates followed suit....
US home sales post second straight monthly drop; house prices jump
Reuters via Yahoo Finance· 2 hours agoWASHINGTON (Reuters) -U.S. existing home sales unexpectedly fell in April as higher mortgage rates...
Mortgage Applications Increase As Rates Decline For Third Straight Week
National Mortgage Professional· 3 hours agoAs we near the end of May, more people are applying for mortgages week-by-week. That’s according to...
OSFI flags mortgage renewals and real estate lending as top financial risks
Financial Post via Yahoo Finance· 1 hour agoThe regulator said payment increases will lead to a higher incidence of residential mortgage loans...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 hour agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...