News

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospe ...
Mortgage rates inched up this week but stayed within a narrow range under 7%, according to the latest Freddie Mac Primary ...
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
After a brief decline earlier this month, mortgage rates are climbing back toward 7% again. Here's what experts are saying.
Lawrence Yun said this week that home sales could still tick up slightly this year, and if mortgage rates hit 6%, next year ...
Joe Dalesandro didn’t expect to keep his mortgage rate at 6.99% for very long when he purchased a new home with his girlfriend last summer in Myrtle Beach, South Carolina. He’d refinance soon, he ...
Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a study by Cotality found. Escrow payments have surged – up 62% in the last ...
What happened following yesterday's consumer price index (CPI) report? And what implications could today's fresh inflation numbers have?
Many analysts still expect two rate cuts between now and the end of 2025, one in August and one in November, to bring the base rate down to 3.75 per cent. Rob Clarry, investment strategist at Evelyn ...
Rates for new 30-year loans continue to bob around a bit above the low reached two weeks ago. Rates for several other loan types are also wavering.
JPMorgan Chase and Wells Fargo saw a surge in mortgage originations in Q2 2025, but the gains in volume came with lower ...