The post ‘Signs of resilience’: Mortgage demand plummets to lowest 2023 level as rates rise for second week — but experts predict cooling rental prices will eventually bring rates below 6% appeared first on Weekly Real Estate News.
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Mortgage customers fear unaffordable repayments due to rate hikes
September 26, 2022
Allen Santos
Weely Real Estate News
Comments Off on Mortgage customers fear unaffordable repayments due to rate hikes
Source: Mortgage Introducer — With another interest rate hike expected this week, a third of mortgage customers in the UK said that rising rates have made repayments unaffordable for them. Commissioned by Butterfield Mortgages, […]
Incoming data will dictate future mortgage rate shifts, experts say
May 4, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Incoming data will dictate future mortgage rate shifts, experts say
The Federal Reserve affirmed on Wednesday that its next key federal funds rate hikes will depend on incoming data. In turn, economists and housing industry experts have now turned their attention toward the June meeting, […]
Rithm to acquire MSR player Computershare Mortgage Services for $720M
October 2, 2023
Mariel Alumit
Housing Wire
Comments Off on Rithm to acquire MSR player Computershare Mortgage Services for $720M
Real estate investment trust Rithm Capital Corp has entered into a definitive agreement to acquire Computershare Mortgage Services Inc. for about $720 million, the companies announced Monday. The deal includes the purchase of Specialized Loan Servicing LLC. The deal […]