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A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
ICE Mortgage Technology has reported a moderate rise in US mortgage delinquencies and a continued upward trend in foreclosure ...
The Australian mortgage market recorded a strong uplift in new loan activity in FY25, driven by interest rate cuts, improved ...
“Mortgage rates declined for the sixth consecutive week, with the 30-year fixed rate dropping to 6.67%, the lowest level since October 2024,” said Joel Kan, an MBA economist, in a release.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.79% from 6.88%, with points falling to 0.62 from 0.63, including ...
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