Mortgages
Morgan Stanley says mortgage aid may halt China’s housing slump
The country’s years-long housing slump has been a major drag on the economy and consumer confidence
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September, B...
Trump defends 50-year mortgage plan, calling it ‘not a big deal’
He says it will help more Americans afford monthly payments on homes
UK house prices rise by most since January: Halifax
House prices increased by 0.6% in monthly terms in October after a 0.3% fall in September
US mortgage rates rise to 6.22% after four weeks of declines
The rise in borrowing costs comes after the Federal Reserve cut its benchmark rate
US mortgage rates drop to 6.17%, lowest since early October 2024
This follows Fed’s widely anticipated quarter-point reduction; home sales are flat despite growing inventories
US mortgage rates drop to lowest level in more than a year
Falling rates have given house hunters more buying power, but demand has been constrained by affordability challenges
South Korea imposes additional mortgage curbs for homebuyers in Seoul
[SEOUL] South Korea announced on Wednesday (Oct 15) additional mortgage curbs for first-time homebuyers in the capital Seoul and nearby regions after seeing an upswing in apartment prices.
US 30-year fixed mortgage rate falls; prospective buyers stay on the sidelines
There has been no surge in home loan applications, with homeowners taking advantage of lower borrowing costs to refinance
US mortgage rates climb for a second week, reaching 6.34%
Many house hunters remain on the sidelines, waiting for borrowing costs to fall further or concerned about the job market and where the economy is headed
