Prospective buyers visit an open house for sale in Alexandria, Virginia.Jonathan Ernst | ReutersThe housing market is dealing with several “tricky” dynamics, according to Tracy Kasper,…
A house for sale in Arlington, Virginia, in July of 2023.Saul Loeb | AFP | Getty ImagesThe average rate on the 30-year fixed mortgage rose to…
A house is for sale in Arlington, Virginia, July 13, 2023.Saul Loeb | AFP | Getty ImagesMortgage rates just continue to climb higher, taking a particularly…
The average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily.Mortgage rates follow loosely the yield on the…
Prospective buyers attend an open house at a home for sale in Larchmont, New York, on Jan. 22, 2023.Tiffany Hagler-Geard | Bloomberg | Getty ImagesAs high…
Canada’s top banking regulator will soon implement new guidelines for the mortgage market, aimed at reducing the risks posed by negative amortization mortgages — home loans where…
Tim Kitchen | The Image Bank | Getty ImagesIt’s becoming harder to afford a home.Prices are up almost 20% year over year, and mortgage rates are…
Mortgage rates jumped higher this week. It could be just the beginning of an upward trend.The average rate on the popular 30-year fixed mortgage just crossed…
A home is offered for sale in Chicago, Illinois.Scott Olson | Getty ImagesOne of the leanest housing markets in history might be putting on some fat.…
What’s good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in…