Most Recent Mortgage rates News

How widespread is the housing market’s ‘lock-in’ effect?

How widespread is the housing market’s ‘lock-in’ effect?

The run-up in rates means for the majority of those borrowers, it makes little sense to move, swapping their existing...

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Is the US housing market turning a corner?

Is the US housing market turning a corner?

That drop contributed to a boost in refinances, which increased to their highest level since August of 2022, while applications...

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New home sales slump to six-month low

New home sales slump to six-month low

There were 481,000 available homes on the market in May, data showed, even as many would-be sellers choose to stay...

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