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Comments Off on Mortgage News: Skipton 100% First-Time Buyer Deal Sees Rate Hike From Friday
13 June: Increase Will Reduce Borrowers’ Maximum Loans Skipton building society is raising the cost of its no-deposit 100% mortgage for first-time buyers but the deal remains available at current prices until Friday, writes Jo Thornhill. […]
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Mariel Alumit
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Comments Off on Housing activity to remain limited by mortgage rates, home prices: Fannie Mae
Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]
Will hotter inflation send mortgage rates back over 7%?
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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 […]