Mortgage refinance applications hit 18-year low
With no major move in interest rates and continued weakness in home affordability, there was not a lot of incentive for homebuyers to make a move last week, and there…
READ MORETag: Mortgage
Token Improvement For Mortgage Rates
Mortgage rates improved by what could only be described as a token amount today. In other words, we’re not talking about any major changes. In fact, mortgage rates themselves will be unchanged…
READ MOREMortgage rates retreat but remain near 7-year highs
Mortgage rates moved lower for the second time in three weeks. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.83 percent with…
READ MOREOne in seven homeowners expect to have a mortgage at 70
Higher house prices, getting on the property ladder later in life, and the ability to borrow for longer are changing expectations about mortgage debt in retirement, according to a study…
READ MOREI have a joint mortgage – what can I do if my partner dies?
Paying the mortgage can be yet another concern when dealing with the death of a partner. Photograph: Alamy Q My wife and I jointly own the home we live in and…
READ MOREMortgage rates move down for Monday
karamysh/Shutterstock Multiple benchmark mortgage rates receded today. The average for a 30-year fixed-rate mortgage trended down, but the average rate on a 15-year fixed were unchanged. The average rate on…
READ MOREMortgage Rates Rise to Second Highest Level This Year
After two straight weeks of declines in mortgage rates, the trends have reversed, with rates moving higher this week to hit the second highest level in 2018. According to Freddie Mac, the mortgage rate…
READ MORE12 tips to ensure your first mortgage application gets approved
Over three-quarters of first-time buyer mortgage applications were approved last quarter. But how can you make sure you’re one of the success stories when applying for your first home loan?…
READ MORECanada’s mortgage test just got tougher
It just got a little tougher to qualify for a mortgage in Canada. A rate used in mortgage stress tests – more formally known as the Bank of Canada’s conventional…
READ MORERBS reaches $4.9 billion deal to settle US mortgage bond probe
Jane Barlow | Pa Images | Getty Images Members of the public use Royal Bank of Scotland cash machines on Princes Street, Edinburgh on April 27, 2018. The Royal Bank…
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