Mortgages

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

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.