Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Joel Kan

Mortgage Rates Are High. Homebuyers Are Ditching Adjustable-Rate Options Anyway.

Mortgage demand remained largely unchanged last week as borrowing costs continued to move within a narrow range. At the same time, prospective homebuyers showed less interest in adjustable-rate mortgages, signaling a preference for stability despite elevated interest rates.

International Business Times · Jul 1

How a war in the Middle East is hiking your mortgage rate in America

The 30-year fixed mortgage rate rose to 6.43% last week, its highest level since last October.

Fortune · Mar 26

Mortgage Applications Rise, Driven By Refinances

Mortgage applications increased 2.3% last week, driven by a surge in refinance activity, as more homeowners take advantage of interest rates by the Federal Reserve.

International Business Times · Feb 12, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

Weekly Mortgage Demand Dips Following Increase In Rates

While the noted increase did not even reach 1%, it still created an immediate effect on mortgage demand, which had already started strengthening over several weeks.

International Business Times · May 29, 2024

Homebuyer Demand Softens Despite Lower Rates

Homebuyers continue to hold out for lower rates and more listings, economist says.

Kiplinger · Nov 29, 2023

Housing Beat: Mortgage Rates Soar Again, Non-QM Rides On, The Best And Worst Rental Markets

The renewed rise in mortgage rates, a major mortgage-backed securities deal featuring non-qualified mortgages and a cooling in rental housing prices dominated this week's housing and mortgage market news.

Benzinga · Jul 14, 2022

Housing Beat: Mortgage Rates Creep Down, Inventory Expands And Who Wants A Vacation Home Anymore?

The U.S. housing market closed June with a decline in mortgage rates, a bump-up in pending home sales, a growing number of available properties for sale and an evaporating enthusiasm for vacation homes.

Benzinga · Jun 30, 2022

Read news from The Economist, FT, and more,
with one subscription

Housing Beat: Mortgage Rates Flatten As Sun Belt Sees New Boom In Home Building

This week in the housing market, mortgage rates were mostly flat, mortgage application volume was down and the Sun Belt is shining with new single-family home construction.

Benzinga · Jun 2, 2022

Why a cash-out refinance can still be a good idea, even as rates rise

Economic uncertainty abounds right now as inflation surges and the interest rates on all kinds of financial products rise.

Tribune News Service · May 23, 2022

Housing Beat: Mortgage Rates Break The 5% Level; Buyers Settle On Smaller Homes

The latest U.S. housing and mortgage data points to rates continuing their dizzying rise, fewer homes being sold and prospective buyers agreeing to purchase smaller properties.

Benzinga · Apr 21, 2022

Housing Beat: Mortgage Rates Hit 5% Level While Property Taxes Inch Higher

The week in housing was one of great challenges, with mortgage rates cracking the 5% level while homeowners faced an uptick in property taxes and state attorneys general demanded that mortgage servicers drop their convenience fees charged to borrowers.

Benzinga · Apr 14, 2022

Housing Beat: Mortgage Rates Keep Climbing; Disney's Affordable Housing Project

Mortgage rates are continuing their upward motion while potential homebuyers and sellers face a shifting housing market and the affordable housing sector welcomes a well-known new participant.

Benzinga · Apr 7, 2022

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.