Tag #Mortgage Rates

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Falling Mortgage Rates May Revive Spring Homebuying Season

US 30-year mortgage rates fell for the seventh straight week to 6.63%, potentially reviving the spring homebuying season after a period of inflation and limited inventory.

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us.cnn.com
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US Housing Market Shifts Towards Buyers This Spring

The US housing market is shifting in favor of buyers this spring, with a six-year high of 3.7 months of for-sale inventory in January, although regional differences persist, with some areas still favoring sellers intensely.

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dailymail.co.uk
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UK House Prices Rise for Sixth Consecutive Month Amid Looming Stamp Duty Changes

UK house prices rose 0.4% in February to £270,493, marking six months of consecutive growth driven by first-time buyers rushing to beat upcoming stamp duty increases; annual growth stands at 3.9%, though transactions remain below historic levels.

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nbcnews.com
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US Housing Market Stagnant Despite Trump's Promises

US existing home sales fell 4.9% in January 2025, exceeding forecasts, while new home construction slowed, reflecting challenges to President Trump's housing market promises amid high mortgage rates, tariffs, and immigration policy uncertainty.

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dailymail.co.uk
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Mortgage Rate Cuts and Withdrawals Amidst Inflation Rise

Nationwide and Halifax cut mortgage rates, while Santander withdraws its 3.99% five-year fix due to high demand, amidst rising inflation and speculation about future Bank of England interest rate decisions.

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smh.com.au
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RBA Cuts Interest Rates, Banks Delay Implementation

The Reserve Bank of Australia cut interest rates to 4.1 percent on Tuesday, the first cut in over four years; however, major banks will take up to two weeks to pass on the reduction, prompting criticism from the Workplace Minister.

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nbcnews.com
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Mortgage Rates Drop, Fueling 20.4% Surge in Loan Applications

A 20.4% surge in mortgage applications last week, the highest weekly increase in three weeks, followed a drop in the average 30-year fixed mortgage rate to 6.73%, the lowest since December 2024, driven by economic uncertainty and new tariffs on imported goods.

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theguardian.com
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UK House Prices Rise for Sixth Month Despite Economic Slowdown

UK house prices rose 0.4% in February, continuing a six-month growth streak to £270,493 on average, despite economic slowdown, potentially driven by pre-April stamp duty increase purchases; annual growth slowed to 3.9%.

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dailymail.co.uk
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Nationwide Cuts Mortgage Rates Below 4% Amidst UK Lender Competition

Nationwide Building Society in the UK is lowering selected fixed-rate mortgages by up to 0.25 percentage points, with its lowest five-year fixed rate reaching 3.99% for those with 40% equity, impacting existing and new customers, and first-time buyers.

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abcnews.go.com
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U.S. Home Sales Fall in January Amid High Mortgage Rates

January's U.S. pre-owned home sales fell 4.9% to 4.08 million units, a decline attributed to high mortgage rates around 7% and a median home price of $396,900; however, unsold homes increased to 1.18 million units.

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nbcnews.com
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Homebuilder Sentiment Plunges to Five-Month Low Amid Tariff and Rate Concerns

The National Association of Home Builders' Housing Market Index fell 5 points to 42 in February, the lowest level in five months, primarily due to concerns over tariffs and high mortgage rates exceeding 7 percent, impacting affordability and decreasing buyer traffic and sales expectations.

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cnbc.com
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Privatization of Fannie Mae and Freddie Mac Under Consideration

The Trump administration is considering privatizing Fannie Mae and Freddie Mac, potentially raising mortgage rates and increasing investor risk, despite concerns about economic feasibility and negative consequences for homebuyers and the broader economy.

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44% Bias Score

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Showing 109 to 120 of 180 results