The post ‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’ appeared first on Weekly Real Estate News.
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Affordability improves, as do hopes for a good spring
January 26, 2023
Allen Santos
Housing Wire
Comments Off on Affordability improves, as do hopes for a good spring
Affordability has improved in the mortgage market since December, thanks to declines in mortgage rates and a slowdown in home price appreciation. Here’s a spoiler: Industry experts believe this trend will continue for months, signaling […]
UK banks pull hundreds more home loan deals as fixed mortgage rates rise
June 6, 2023
Mark Paul Cervantes
International, Loan Markets, Mortage News, Top News
Comments Off on UK banks pull hundreds more home loan deals as fixed mortgage rates rise
Hundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest data reveals. […]
Mortgage rates fall near 7%, lowest level since August
December 8, 2023
Mariel Alumit
New York Post
Comments Off on Mortgage rates fall near 7%, lowest level since August
Home loan financing costs eased again this week, as the average long-term U.S. mortgage rate slid to its lowest level in four months. The average rate on a 30-year mortgage dropped to 7.03% from 7.22% […]