Mortgages

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

Trump's executive orders last week aimed at making home ownership more affordable had no mention of an IPO or other plans to release Fannie and Freddie.

Fannie and Freddie shares tank as doubt swirls about Trump plans

This comes after a 2025 public offering for the agencies did not materialise

Homebuyers have already been struggling with high prices, as well as rising insurance and property taxes.

US mortgage rates go up as Iran war ripples through financial markets

Average 30-year fixed-rate rate rises to 6.11%, up for second week in a row

Weeks of lower rates alongside fears of a further rise in home-financing costs may have encouraged some prospective buyers to step off the sidelines last week.

US mortgage rates climb to 6.19% in biggest gain since September

The increase in borrowing costs coincides with a sharp rise in the 10-year US Treasury yield