Mortgages

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

The war in Iran has fuelled inflation fears and pushed mortgage rates higher after they briefly dipped below 6% in late February.

US mortgage rates drop for second week to 6.3%, Freddie Mac says

The housing market has been rattled by the war in Iran

Mortgage rates in the US have climbed by 42 basis points since the Iran war started on Feb 28, driving up yields on the Treasury bonds that lenders use to set rates.

US mortgage rates edge down to 6.51%: Mortgage Bankers Association

Buyers remain priced out of the housing market amid elevated borrowing costs and expensive homes

The housing market is entering its traditional peak time of the year for transactions, but concerns about the economy threaten to hold back both buyers and sellers.

US mortgage rates rise for fifth week, sending 30-year to 6.46%

[BOSTON] Mortgage rates in the US rose for a fifth straight week, dampening hopes for the key spring homebuying season. 

Mortgage rates, which are tied to US Treasury yields, have turned up sharply as the war in Iran sparks concerns of higher inflation.

US mortgage rates march higher to seven-month high of 6.57%

The rate has surged nearly half a percentage point, the biggest advance since 2024

Buying a new executive condo unit offers a path to private homeownership for higher-income locals.
THE LEVEL GROUND

Time to cool EC demand: drop deferred payment scheme, lengthen MOP, tighten resale restrictions

Moderating growth will benefit eligible buyers without access to abundant liquidity

In the last three weeks, the rate has climbed 34 basis points, the most since November 2024.

US mortgage rates jump further to five-month high of 6.43%

Higher borrowing costs represent a headwind for the long-suffering housing market

Fannie and Freddie purchase and package home loans into securities and financially guarantee them to buyers.

Fannie Mae, Freddie Mac place large bids for mortgage-backed securities

The two US companies, under federal conservatorship since 2008, once held a combined worth of US$1.5 trillion

A townhome in Montana, US. The war affects other participants in the housing market, as the higher prices for oil and gas translate into higher costs for materials for builders.

US mortgage rates highest in 3 months as war weighs on housing market

It rises to 6.22%, adding hundreds of dollars annually to loan payments