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Financial Market News
You are at:Home»Posts Tagged "Mortgage" (Page 8)

Why more mortgage applications are being rejected based on income

By FinMar NewsOctober 5, 2023

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…

A 47-year mortgage? They’re out there — and even longer ones could be

By FinMar NewsOctober 5, 2023

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…

As mortgage rates rise, how to decide whether to buy a home or rent

By FinMar NewsSeptember 26, 2023

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 rise and more increases could be coming

By FinMar NewsSeptember 24, 2023

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…

Housing market improves as rising mortgage rates weigh on sales

By FinMar NewsSeptember 12, 2023

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.…

‘It’s going to be ugly,’ analyst says as mortgage rates suddenly spike

By FinMar NewsSeptember 4, 2023

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…

Coronavirus mortgage bailouts suddenly swell as homeowners struggle

By FinMar NewsSeptember 3, 2023

Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Tuesday, Oct. 1, 2019.Andrew Harrer | Bloomberg | Getty ImagesAfter declining for three weeks,…

Mortgage demand falls to lowest in two months as rates stagnate

By FinMar NewsAugust 30, 2023

Daniel Acker | Bloomberg | Getty ImagesMortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances.…

Mortgage rates spike on shocking jobs report

By FinMar NewsAugust 29, 2023

CNBC’s Diana Olick breaks down the spike in mortgage rates. Read More: Mortgage rates spike on shocking jobs report

Coronavirus-fueled wave of foreclosures is unlikely, says Mortgage Bankers

By FinMar NewsAugust 26, 2023

Bob Broeksmit, CEO of the Mortgage Bankers Association, joins “Squawk Box” to discuss the state of the housing market amid the coronavirus pandemic. Read More: Coronavirus-fueled…

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Real Estate News

HOA financial strain fuels increase in homeowner foreclosures: report

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