Mortgage
Mortgage rates rose above 7 percent for the first time this year, crossing a symbolically concerning threshold that threatens to keep millions of potential home buyers and sellers on the sidelines of a U.S. housing market that is increasingly showing signs of slowing. The average rate on 30-year mortgages, the most popular home loan in […]
When Rosario Lopez was looking to buy her first home last year, she knew her financing options were limited. She had been paid in cash, working as a security guard in Los Angeles, and didn’t have W-2s. Her credit history was short. So she wasn’t surprised when her bank, Bank of America Corp., told her […]
New home sales drop 5.6% to a rate of 679,000 units in October Median house price plunges 17.6% to $409,300 from year ago WASHINGTON, Nov 27 (Reuters) – Sales of new U.S. single-family homes fell more than expected in October as higher mortgage rates squeezed . . .
A “For Rent, For Sale” sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo Acquire Licensing Rights Nov . . .
Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. A powerful rally in the stocks of US homebuilders has gone into reverse, as investors worry that a rapid rise in mortgage rates is starting to threaten demand for new houses. Shares in DR Horton, […]
by BLACK ENTERPRISE Editors October 25, 2023 *Originally Reported by Reuters Oct 25 (Reuters) – The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly increase and . . .
A “For Rent, For Sale” sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo Acquire Licensing Rights Oct . . .
Deal with NYSE listed asset manager Rithm Move for company to focus on core operations – analyst Computershare shares hit near 10-mth high Oct 3 (Reuters) – Australia’s Computershare
Live news: US mortgage rates hit highest level since 2000 Financial Times Source link
“But whereas we had been seeing delinquencies improve by as much as -40% Y/Y in early 2022, steady slowing in that annual rate of improvement has brought us to a mere -0.8% year over year reduction in August,” Cohen said. “This suggests that delinquency rates may be nearing their bottom.” Read more: Fannie Mae chief […]