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30-Year Mortgage Rates Fall to Lowest Level in More than a Week
Investopedia· 4 days agoWith a two-day drop, 30-year mortgage rates have dipped to their lowest average in eight days. Rates moved down for most other new purchase loans as well.
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 5 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 5 days agoAssociation (MBA) weekly survey found — the highest share seen this year. The uptick in ARMs came...
More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 16 hours agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
House prices back on the rise as average property now costs £2k more than 2023
Daily Express· 11 minutes agoThe average UK house price rose by 0.1 percent in April on a monthly basis, after a fall of 0.9 percent in March, according to Halifax. Property prices grew by 1.1 percent annually, meaning they have gone up by around £2,000 compared to a year ago.
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 4 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 6 days agomortgage application volume — down in the last week, according to the Mortgage Bankers Association...
Mortgage rate forecast for May 2024: No break for homebuyers
Boston Herald· 3 days agoAs homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a...
Current California Mortgage and Refinance Rates | Bankrate
Bankrate.com· 3 days agoBefore joining Bankrate in 2020, I spent more than 20 years writing about real estate and the economy for the Palm Beach Post and the South Florida Business Journal. At Bankrate, my areas of ...
Mortgage Rates on the Rise Again
Investopedia· 6 days agoAfter dipping into slightly cheaper territory, rates on 30-year new purchase mortgages are back on the upswing. Rates for most other loan types also moved higher.