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Ultra-long mortgages risk fuelling ‘housing bubble’ of inflated property prices
Daily Express· 20 hours agoNew figures released by the Bank of England show in the last quarter of 2021, about 31 percent of...
Mortgage rates today, May 9, 2024: Rates move lower for the first time in weeks
Yahoo Personal Finance· 6 days agorate is 7.09%. This is a modest decline from last week, when the rate was 7.22%. The average 15-year...
Today’s Mortgage Rates for May 10, 2024: Rates Up
Market Watch· 5 days agoMortgage rates continue to remain stubbornly above 7%. Today’s 30-year fixed rate is 7.47% APR, according to data from Curinos analyzed by MarketWatch Guides ...
Almost half of recent homebuyers stretch to make on-time mortgage payments: Study
The Hill· 11 hours agoNearly half of new homebuyers in a recent survey said they are struggling to pay their mortgages on...
Redfin CEO Says Housing Market Has Hit Rock Bottom As Interest Rates Soar
Benzinga via Yahoo Finance· 10 hours agoThe housing market has hit ‘rock bottom,' with only about four million people planning to move this...
Hotter inflation keeps mortgage rates higher, but housing inventory building: Fannie Mae
FOX Business· 1 day agoThere's no relief in sight for high borrowing costs as interest rate cuts are pushed further into...
The month in reverse mortgage rates: May 2024 - HousingWire
HousingWire· 4 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
Could high interest rates, high prices hurt Newsom’s budget outlook for California?
Sacramento Bee via Yahoo News· 1 day agoThe rate’s been steady since last summer, and the Fed had sent strong signals last year that it...
How a VA cash-out refinance works
Yahoo Personal Finance· 8 hours agoIf you are interested in a VA cash-out refinance, here’s what you need to know. In this article: ...out refinance? A VA loan cash-out refinance allows a...
Daily mortgage rates for May 8, 2024: Rates ease down on popular 30-year, 15-year terms
AOL· 7 days agoThe current average interest rate for a 30-year fixed mortgage is 7.25% for purchase and 7.26% for refinance — each down 11 basis points ...