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Fixed-rate mortgage bomb set to go off
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Mariel Alumit
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Source: Elite Agent — Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year. According to Finder, $29.8 billion […]
Average long-term US mortgage rate falls to 6.69%, second straight drop since climbing to 2023 high
June 16, 2023
Mark Paul Cervantes
Economy, Mortage News, Top News
Comments Off on Average long-term US mortgage rate falls to 6.69%, second straight drop since climbing to 2023 high
The average long-term U.S. mortgage rate fell again this week, positive news for potential homebuyers after rates reached their highest level since November earlier this month. Mortgage buyer Freddie Mac said Thursday that the average […]
Mortgage News: Nationwide Makes Further Cuts Across Fixed-Rate Range
August 23, 2023
Mark Paul Cervantes
International, Mortage News, Top News
Comments Off on Mortgage News: Nationwide Makes Further Cuts Across Fixed-Rate Range
23 August: Virgin Money Also Trims Rates, Adds Deals Nationwide building society, the UK’s second biggest mortgage lender, has cut interest rates on fixed rate deals for new and existing customers by up to 0.4 […]