Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed exterior of a Comerica Financial institution department in Torrance, California, on March 13, 2023.Patrick T. Fallon | ...
Tag: rates
As mortgage rates hit 8%, home ‘affordability is incredibly difficult,’ economist says
Lifestylevisuals | E+ | Getty PhotographsThe typical 30-year fastened mortgage price simply hit 8% for the primary time since 2000, ...
OSFI report reveals largely unknown mortgage exemption: no stress test on insured switches – Mortgage Rates & Mortgage Broker News in Canada
Many within the mortgage trade reacted with shock after studying about somewhat however crucial nugget buried in an OSFI report ...
Is It Time to Start Talking About 9% Mortgage Rates? – The Truth About Mortgage
If you happen to thought 8% mortgage charges have been unhealthy, what about 9% mortgage charges?What was as soon as ...
Existing-home sales droop, mortgage rates hit 20-year highs
Dwelling gross sales fell 2 p.c between August and September and retreated 15.4 p.c from a yr in the past ...
Celebrating excellence: New inductees join the Mortgage Hall of Fame – Mortgage Rates & Mortgage Broker News in Canada
Canada’s mortgage business got here collectively on Monday night time to honour this yr’s three latest inductees into the Mortgage ...
8% Mortgage Rates Look Imminent, But Could That Be Their Peak? – The Truth About Mortgage
On a day when mortgage charges are formally near hitting 8%, I made a decision to jot down a publish ...
Zillow’s Senior Economist on Why You DON’T Want Mortgage Rates to Fall
Everybody desires low mortgage charges once more, however getting there is likely to be some of the economically treacherous roads ...
Mortgage Professionals Canada promotes broker expertise in newly launched campaign – Mortgage Rates & Mortgage Broker News in Canada
Towards the backdrop of a difficult housing market, Mortgage Professionals Canada (MPC) has unveiled a brand new nationwide marketing campaign ...
Canadian home prices face downward pressure as inventory builds and sales slow – Mortgage Rates & Mortgage Broker News in Canada
The pattern of falling dwelling gross sales and a rising variety of listings continued in September, which observers say ought ...