mortgage

Prospective buyers at an open house in Florida.Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty ImagesThe average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily.The…

A "For Sale" sign outside a house in Albany, California, on Tuesday, May 31, 2022.David Paul Morris | Bloomberg | Getty ImagesAfter a stronger start to the year, mortgage demand plunged last week, despite another drop in interest…

Flagstar Bank in Troy has laid off hundreds of employees in several states and is shuttering part of its national mortgage operation less than two months after merging with a New York bank, according to a news media report and social…

A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022.Frederic J. Brown | AFP | Getty ImagesMortgage interest rates fell for the third straight week, while mortgage demand also rose again.Total…

The average rate for a 30-year mortgage dropped to 6.15% last week — the lowest in 18 weeks.This dip in rates provides welcomed relief for many potential homebuyers who've put their dreams on pause thanks to high mortgage interest rates,…

Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting.  Then, in December, their real estate agent presented…

Home builders are playing hardball by offering mortgage rates as low as 3% on new homes to boost buyer demand. So how and why are they doing that? For starters, home builders are feeling a lot less gloomy these…

The Good Brigade | Digitalvision | Getty ImagesConsumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion.Mortgage application volume jumped nearly…

The governor of the Bank of England has told MPs there is still "something of a hangover effect" in the wake of the mini-budget market chaos last year but declared that the hit to mortgages was over.Andrew Bailey used…

Homebuyers may finally catch a break this year, says one expert, as signs of fading inflation could drive mortgage rates lower as soon as this month.“Mortgage rates have declined by almost a full percentage point since they peaked in…