The post Why higher mortgage rates mark a return to normality appeared first on Weekly Real Estate News.
Why higher mortgage rates mark a return to normality
Housing Wire
Finance of America Mortgage announces shutdown
Amid one of the most challenging mortgage markets since the great financial crisis, Finance of America Mortgage LLC (FAM)will shut down by the end of the year following its decision to exit the wholesale channel […]
Inflation
Mortgage rates jump to 7.49%, keeping affordability out of reach for homebuyers
The cost of financing a home surged again this week as the average long-term US mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers. The […]
Inflation
UK inflation surprise pressures BoE to raise rates again
LONDON, March 22 (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data which is likely to prompt the […]