A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted…
Tag: rates
Weekly mortgage demand drops over 6% after interest rates move even higher
A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Climbing mortgage interest rates caused another…
Mortgage originations will drop 33% in 2022 as interest rates rise
A employee carries lumber as he builds a new household in Petaluma, California. Getty Pictures Growing fascination prices will end result in a sharp fall in refinance desire in 2022,…
Weekly mortgage demand stalls, as rates jump to highest level since June
Prospective homebuyers look at a kitchen area although touring a house for sale in Helotes, Texas. Matthew Busch | Bloomberg | Getty Images Property finance loan premiums continued their trudge…
As mortgage rates shoot even higher, refinance demand plummets 10%
A sharp soar in home finance loan fascination fees more than the past couple months is using its toll on house loan desire. Total application volume fell approximately 7% final…
Even with low interest rates, mortgages are becoming unaffordable
Even in the present minimal interest rate environment, mortgage payments are turning into more and more unaffordable for the median American loved ones, according to a report from the Federal…
Falling Leaves, Rising Rates in October
Oct mortgage loan fees forecast I forecast that property finance loan rates will increase in Oct. There will be ups and downs day to day, but house loan prices will…
Mortgage demand falls as rates rise to highest level since July
Serious estate brokers arrive at a brokers tour demonstrating a household for sale in San Rafael, California. Getty Illustrations or photos Larger interest costs took some modern wind out of…
Mortgage rates rise and more increases could be coming
Possible buyers go to an open residence for sale in Alexandria, Virginia. Jonathan Ernst | Reuters Property finance loan rates jumped greater this week. It could be just the beginning…
As the Fed holds rates near zero for now, what that means for you
Even even though the Federal Reserve did not raise its benchmark level Wednesday, your borrowing expenditures might continue to commence to head better. Rising rates introduced on by the financial recovery…