Mortgages

UK house prices fall unexpectedly as market feels Iran war impact

Average mortgage rates have climbed by almost a full percentage point since the start of the conflict

The property market in the UK started the year on a strong footing as aspiring buyers shrugged off fears of tax rises.

UK mortgage approvals hit 15-month high in April despite Iran war

Banks and building societies approve 65,945 home loans, up from 63,979 in March and the highest number since January last year

The average 30-year fixed-rate mortgage rose nine basis points to 6.65% in the week ended May 22.

US mortgage rate rises to nine-month high, worsening affordability again

Lack of housing supply is a key driver behind the lacklustre pace of home sales

CBA is the market leader in home lending, with a 25% market share, followed by Westpac, NAB and ANZ, their latest financial filings showed.
NEWS ANALYSIS

Once investor darlings, Australian banks get reality check on mortgage change

Their shares slide as housing demand and investor lending weaken; lenders turn to cost cuts, automation to protect returns

The American housing market has become hostage to geopolitics, with the war in Iran driving up oil prices, inflation and bond yields.

US mortgage rates hit highest since August as war fans inflation

[NEW YORK] US mortgage rates surged this week to the highest level since August, threatening a spring selling season that was just starting to get a pulse.

Rising US mortgage rates threaten to spoil budding optimism about a pickup in housing activity.

US mortgage rates rose last week to an almost two-month high

US MORTGAGE rates increased last week to an almost two-month high, weighing on home purchase activity. 

With the key home-selling season underway, consumers were bracing for higher financing costs.

US mortgage rates little changed despite surging inflation

The average rate for 30-year fixed loans slipped to 6.36% from 6.37% last week

Purchase applications increased 2 per cent, a sign that potential homebuyers are “moving forward this spring and taking advantage of the more favourable inventory conditions."

US mortgage rates tick up to 6.37%

[WASHINGTON] US mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2 basis points to 6.37 per cent for the week ended April 24, the Mortgage B...

The contract rate on a 30-year mortgage dropped for a third week to 6.35 per cent, the lowest since mid-March.

US home-purchase applications jump as mortgage rates settle back

It’s a tentative sign that the housing market is grinding forward