The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022.
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Mortgage Rates Go Up, Up and Away
International
Warning UK mortgage rates set to rise further
Borrowers are being warned mortgage rates are set to rise further as turbulence continues to hit the market. Broker London & Country said lenders had been withdrawing deals and raising rates at a “relentless pace” […]
Housing Wire
The case for mortgage rates to fall in 2023
On Thursday, the gross domestic product data for the third quarter showed the U.S. economy grew at a rate of 2.6%, breaking the negative GDP streak we had in the past two quarters. Does this […]
Housing Wire
Mortgage rates rise following a surge in Treasury yields
Mortgage rates rose this week as the yield on the benchmark 10-year Treasury note inched up. As of Monday, the yield on the 10-year U.S. Treasury note was about 4.25%, according to Tradeweb, up […]