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Mortgage rates slide the fastest in four years, but it may be too late for the housing market

Rates for home loans fell by double digits in the most recent week, but with the housing market on its heels and few Americans in a position to take advantage of the ability to refinance, it’s not clear how helpful this can be for the housing market......»»

Category: topSource: marketwatchNov 21st, 2018

Mortgage Applications Pick Up as Interest Rates Climb Higher

Applications for new mortgages have mostly been declining since late July. The Mortgage Bankers Association reported that applications increased last week despite a slight rise in mortgage interest........»»

Category: blogSource: 247wallstOct 24th, 2018

Higher mortgage rates, rising prices costing homebuyers more than $1,200 a year

Both rising mortgage rates and rising home prices are increasing what homebuyers will have to pay each month. While mortgage rates are largely national, home prices are local, so the increase in monthly payments will vary market to market.  .....»»

Category: realestateSource: cnbcOct 23rd, 2018

Homebuyers: Here"s what higher mortgage rates will cost you in these cities

Both rising mortgage rates and rising home prices are increasing what homebuyers will have to pay each month. While mortgage rates are largely national, home prices are local, so the increase in monthly payments will vary market to market.  .....»»

Category: realestateSource: cnbcOct 23rd, 2018

Rising rates knock U.S. mortgage activity to lowest since 2014: MBA

U.S. consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels in more than seven years, the Mortgage Bankers Association said on Wednesday......»»

Category: topSource: reutersOct 17th, 2018

Phoenix, Arizona rates on home loan delinquency, foreclosure continue decline

Phoenix-area mortgage delinquency and foreclosure rates continued to fall in June, and they are seeing lower levels around the state as well, according to a report out Tuesday. CoreLogic, which tracks various home data, found the overall delinquency.....»»

Category: topSource: bizjournalsSep 11th, 2018

Home prices post smallest gain since 2016

Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years, as demand cools in the face of affordability constraints including elevated mortgage rates, according to S&P CoreLogic Case-Shiller data released Tuesday......»»

Category: topSource: moneycentralAug 28th, 2018

Home prices post smallest gain since 2016

Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years, as demand cools in the face of affordability constraints including elevated mortgage rates, according to S&P CoreLogic Case-Shiller data released Tuesday......»»

Category: topSource: moneycentralAug 28th, 2018

Home prices in post smallest gain since 2016

Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years, as demand cools in the face of affordability constraints including elevated mortgage rates, according to S&P CoreLogic Case-Shiller data released Tuesday......»»

Category: topSource: moneycentralAug 28th, 2018

Average US mortgage rates edge up; 30-year at 4.54 percent

Long-term U.S. mortgage rates edged up slightly this week, reaching their highest levels since late June......»»

Category: topSource: foxnewsJul 26th, 2018

CBO: Rising Interest Rates Would Increasingly Pressure U.S. Finances

Rising interest rates will put increasing pressure on government finances and push interest payments to record levels in the coming decades, the Congressional Budget Office said Tuesday......»»

Category: smallbizSource: wsjJun 26th, 2018

Mortgage Loan Rates Spike Higher, Applications Continue Slide

Mortgage loans rates made mixed moves last week, but so far this week the direction has been higher. On Tuesday, mortgage loan rates hit a new 52-week high......»»

Category: blogSource: 247wallstMay 16th, 2018

Currencies: Dollar books best day in 7 weeks, as bond yields jump

The U.S. dollar rose for a second day in a row in Tuesday trade, giving a key measure of the buck’s strength its best day since late March, as rising rates on U.S. Treasury bonds underpinned appetite for the currency......»»

Category: topSource: marketwatchMay 15th, 2018

Housing affordability: Mortgage rates are surging to the highest level in 7 years

The average contract rate on the 30-year fixed could end day as high as 4.875% for highest credit-worthy borrowers and 5% for average borrowers. Tuesday's move f.....»»

Category: topSource: usatodayMay 15th, 2018

Biogen will pay $50 million to reduce royalties on Alzheimer"s disease drug

Biogen Inc. said early Tuesday that it will pay $50 million to privately-held Neurimmune to reduce royalty rates on the late-stage Alzheimer's disease drug aducanumab. The 5% reduction will leave royalty rates on potenti.....»»

Category: topSource: marketwatchMay 1st, 2018

Housing demand drops despite falling mortgage rates

CNBC's Diana Olick reports on the drop in housing demand despite falling mortgage rates......»»

Category: realestateSource: cnbc14 hr. 51 min. ago

Trump says he hopes Fed won"t raise interest rates anymore

President Donald Trump said Thursday he hopes the Federal Reserve "won't be raising interest rates anymore." It was Trump's late.....»»

Category: topSource: marketwatch17 hr. 7 min. ago

Homebuilders are not getting a bump from lower mortgage rates

Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually. .....»»

Category: realestateSource: cnbc18 hr. 51 min. ago

US mortgage rates fall to 3-month low; 30-year at 4.63 pct.

U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market......»»

Category: topSource: foxnews19 hr. 22 min. ago

Economic Report: Mortgage rates slide to 3-month low, as housing market green shoots appear

Rates for home loans fell again, touching a 3-month low, even as other affirmations of buyer demand resurfaced in the housing market......»»

Category: topSource: marketwatch20 hr. 22 min. ago