Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on ...
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% ...
Demographics matter. Although I am sending today’s Commentary out from a Dunkin’ near Columbus, Ohio, yesterday I found ...
When shopping for a mortgage, you may be offered two types, each with a different interest-rate arrangement: fixed-rate and adjustable-rate loans. Understanding the difference between the two is ...
Mortgage rates will settle to around 4.5% and become the new normal, Keith Church, economist and head of economic modelling ...
And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.
Under 4%-deals are now off the market despite a cut in interest rates as chancellor Rachel Reeves' maiden budget has spiked borrowing costs across markets, pushing lenders to offer mortgage deals at ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
The break-even point of a mortgage refinance is when the money you save is equal to what you paid in upfront closing costs.
Credible is solely responsible for this content and the services it provides. The median interest rate on a 30-year ...
After decades of quiescence, inflation surged in 2021 and 2022. The annualized Consumer Price Index (CPI) increased from ...
So far this week, seven high street lenders have increased their mortgage rates - despite the Bank of England reducing the ...