Tag Archives: property

San Francisco is one of the areas with more new listings now than pre-pandemic. Getty Images Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that …

Yet a big question still facing investors, lenders and anyone trying to navigate the still-hot housing market is whether the Federal Reserve will start selling its trove of mortgage holdings to fortify its inflation fight. The central bank is so far trying to counter inflation by more traditional means: raising …

What will happen to mortgage rates in the near future? Getty Images While rates on 30-year fixed mortgages remained above the 6% mark for most of the last two weeks, for the second day in a row this week, mortgage rates dropped below 6%. Indeed, the average rate on 30-year …

These are the latest mortgage rates Getty Images For roughly a week now, the average rate on a 30-year fixed mortgage was above 6%, according to Bankrate data — but the latest numbers show that rates have dipped below 6%. Indeed, data released today from Bankrate shows that the average …

What will happen to mortgage rates this summer? Getty Images In June, rates on the 30-year fixed-rate mortgage climbed above 6%, according to Bankrate data. This comes as inflation stubbornly sits at a 40-year high and the Fed has raised rates multiple times in an attempt to curb it. So …

The average Canadian home has shed 12.9 per cent of its value in just three months, according to the latest Canadian Real Estate Association report. That’s almost 1 per cent a week. If you’re selling a home and not getting any bites, your blood pressure is probably rising – especially …

KB Home Inc. late Wednesday beat Wall Street expectations for its second quarter, but said that its sales pace slackened as buyers faced higher mortgage interest rates and inflation. The homebuilder KBH, +2.42% said it earned $211 million, or $2.32 a share, in the quarter, compared with $143 million, or …

Sarah Ibrahim is worried about what will happen when her fixed rate ends in January. Ms Ibrahim and her partner took on a home loan of more than $1.5 million in Sydney, with a deposit of 10 per cent. They are among almost 40 per cent of Australians with mortgages …

ANZ bank is hiking mortgage and term deposit rates for the second time this month. File picture. (Source: istock.com) Citing a “significant increase” in wholesale market rates – the price banks pay to borrow money from institutional investors – it was lifting all fixed mortgage rates. It applied to both …

Summer escape not in the cards? Relax—according to Los Angeles-based designer Darrin Varden (and the hundreds of other pros we polled), the spirit for 2022 is all about finding ways to bring a whimsical, resort feel into your own backyard. “We’re saying hello to playful, textured, eclectic pieces that are …