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Where are mortgage rates headed?
Bad news for mortgage professionals: not only are mortgage rates at their highest level in over two decades, they might not drop anytime soon. On Wednesday morning, the 30-year fixed mortgage rate was 7.29% at […]
Mortgage Lenders: The 2023 Purchase Market Is Your Moment
January 12, 2023
Mariel Alumit
Weely Real Estate News
Comments Off on Mortgage Lenders: The 2023 Purchase Market Is Your Moment
Source: Forbes — It’s time for mortgage lenders to stop comparing 2022 volume and 2023 projections to the refinance-fueled record fundings of 2020 and 2021. The pandemic refi boom is long over, and while home […]
No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks
July 12, 2023
Mark Paul Cervantes
International, Mortage News, Top News
Comments Off on No Australia ‘mortgage cliff’ in sight after rate hikes, say top banks
SYDNEY, July 12 (Reuters) – Two top Australian banks said the number of home loan customers missing repayments remained below pre-COVID levels as a spike in living costs slows their discretionary spending, a sign that […]