News

Morgan Stanley reveals mid-year recession, interest rate cut forecast
The backdrop has many on Wall Street, including Morgan Stanley, updating their forecasts. The major investment firm recently ...
Key detail in latest interest rate cut as RBA keeps a close eye on the US
Interest rates have fallen once again and, while this is welcome news to many struggling homeowners, experts have issued ...
Forbes2d
Mortgage Rate Lock Guide
A mortgage rate “float down” improves your chances at getting the lowest interest rate before closing. If you’re locked in and the loan rate drops during the application process, a float ...
ABC News8d
Average rate on US 30-year mortgage rises to 6.81%, highest level since late April
The average rate on a 30-year mortgage in the U.S. rose this week, returning to where it was just three weeks ago The average rate on a 30-year mortgage in the U.S. rose above 6.8% this ...
Mortgage rates climb to highest level in more than three months amid bond market unrest
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest ...
3 recent homebuyers told us why they're jumping into a housing market with sky-high mortgage rates
Homebuyers shared why they're sick of waiting for prices to come down and jumping into the housing market now.
Mortgage rates cross back over 7% after U.S. credit downgrade
Homebuilders also noted a steep drop in demand in April, with sentiment among that group at the lowest level since the end of ...
Trump’s tariffs are dragging down an already stalled housing market
The drop in new home construction in April comes at a time when home affordability is near generational lows amid persistently elevated mortgage rates and a shortage of homes for sale. A prolonged ...