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mortgage rate

Bussiness

The housing market is picking up in some of the most expensive regions of the US

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The housing market is showing signs of life.Listing activity and homes going under contract ticked up last month nationwide, the latest sign that some...
Bussiness

Two big homebuilders missed Wall Street estimates on a key metric — here’s why

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Housing demand has been hard to forecast even as mortgage rates have declined. Just take a look at homebuilders' quarterly results so far this...
Bussiness

US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says

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(Reuters) - The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April,...
Bussiness

Mortgage refinancings fall as average rates move higher

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Fewer homeowners are refinancing their mortgages, and purchase activity is essentially flat after mortgage rates rose sharply last week.Applications to refinance a mortgage fell...
Bussiness

China tells banks to start cutting rates on existing mortgages

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BEIJING (Reuters) - The People's Bank of China (PBOC) told commercial banks on Sunday to start lowering interest rates on all existing housing loans,...
Bussiness

For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Bussiness

For home shoppers, the Fed’s big cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Sports

For home shoppers, the Fed’s big cut is likely just a small step towards affording a home

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The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.Even...
Bussiness

How much house can I afford? Here’s how to do the math.

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Two-thirds of US adults own a home, a milestone that is still viewed as a key part of the American Dream. Yet, in 2024,...
Bussiness

US 30-year fixed-rate mortgage falls to 6.20%

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WASHINGTON (Reuters) - U.S. mortgage rates dropped this week on expectations that the Federal Reserve would start cutting interest rates next Wednesday, but will...
Bussiness

China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks

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(Bloomberg) -- China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for...

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