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Will hotter inflation send mortgage rates back over 7%?
February 15, 2023
Mariel Alumit
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Comments Off on Will hotter inflation send mortgage rates back over 7%?
Given the hotter inflation reported in Tuesday’s CPI data, can mortgage rates go above the 2022 peak of 7.37%? Initially the 10-year yield fell after the report, then rose higher, only to fall back down […]
Mortgage News: Santander Throws Down Rates Gauntlet By Freezing SVR
June 23, 2023
Mark Paul Cervantes
International, Mortage News, Top News
Comments Off on Mortgage News: Santander Throws Down Rates Gauntlet By Freezing SVR
22 June: Lenders Keep Powder Dry After Bank Rate Hike Lenders are expected to react in the coming days to the Bank of England’s latest rate rise by increasing the cost of their mortgage deals […]
Mortgage demand falls again as mortgage rates climb closer to 7%
February 22, 2023
Mark Paul Cervantes
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Comments Off on Mortgage demand falls again as mortgage rates climb closer to 7%
It’s proving to be a brutal February for the mortgage industry, with mortgage demand falling for the third time in four weeks. At a time when purchase activity typically ramps up, the latest mortgage application […]