US regional banks are expected to set aside more money to cover potential commercial real estate (CRE) losses and sell more property loans as the
NEW YORK, April 22 (Reuters) – U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data
The average mortgage rate for 30-year fixed loans rose today to 7.68% from 7.59% last week, according to data from Curinos. This is up from last month’s
U.S. economy: The U.S. economy continued to grow at a seasonally adjusted annual rate (SAAR) of 3.4% in Q4 2023 as per the third and final
LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this
WASHINGTON, April 18 (Reuters) – The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to
Sales of existing homes in the United States pulled back in March, according to industry data released Thursday, with transactions bogged down by elevated mortgage rates. Existing home sales fell
Today’s 30-year fixed mortgage rate is 7.68% which is higher than last week’s 7.53%, according to data from Curinos. This is a steep increase from last month’s
A look at the shareholders of New York Mortgage Trust, Inc. (NASDAQ:NYMT) can tell us which group is most powerful. We can see that institutions
US mortgage rates climbed to a four-month high last week, potentially signaling a bumpier recovery for the residential real estate market. The contract rate on a 30-year
According to data from Curinos, mortgage rates for a 30-year fixed-rate loan sit at 7.73%. This means they’ve risen from 7.34% last week. Last month, rates were
The recent rise of the average long-term U.S. mortgage rate, which poses a new obstacle to aspiring homeowners hoping to purchase a property during this
The Northeast suffered the sharpest decline in activity in March as mortgage rates brush 7% for a 30-year fixed rate loan. The pace of new
Today’s 30-year fixed mortgage rate is 7.67% which is higher than last week’s 7.34%, according to data from Curinos. This is a steep increase from
NEW YORK, April 15 (Reuters) – If you are selling a home in the U.S., you may wonder when to put it on the market
Over the last few years, high inflation and the Federal Reserve’s aggressive interest rate hikes pushed up mortgage rates from their record lows around the
The average mortgage rate for 30-year fixed loans rose today to 7.59% from 7.35% last week, according to data from Curinos. This is up from last month’s
Last December, Bank of Canada governor Tiff Macklem suggested we’d ride an economic rollercoaster on the way back to two per cent inflation. “We can’t rule out
The average mortgage rate for 30-year fixed loans rose today to 7.60% from 7.35% last week, according to data from Curinos. This is up from last month’s
LOS ANGELES — The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally
