Higher rates and rising home prices have eroded home affordability By Mark Huffman of ConsumerAffairs July…
Tag: Mortgage
Mortgage applications fell by 10% in just one week
The slowdown coincides with an increase in mortgage rates By Mark Huffman of ConsumerAffairs July 17,…
More homeowners are falling behind on their mortgage payments
Higher insurance rates and taxes are resulting in rising monthly payments By Mark Huffman of ConsumerAffairs…
Blacks 1.7 times more likely to be denied a mortgage, new study finds
Denial rates vary widely, with two Michigan metros having the highest denial rates By Truman Lewis…
Mortgage rates dipped slightly this week
Growing housing inventory may also help buyers By Mark Huffman of ConsumerAffairs June 27, 2025 30-year…
Mortgage rates rose slightly this week but remain under 7%
The average 30-year fixed-rate mortgage is at its highest level since early February By Mark Huffman…
Mortgage rates spike after Moody's downgrade of US debt
One lender sees a gradual stabilization By Mark Huffman of ConsumerAffairs May 21, 2025 Mortgage rates…
Mortgage payments are falling in some major metros
But lower mortgage payments are a small silver lining since housing costs are still too high…
Mortgage rates bucked the trend of rising bond yields and fell this week
The average 30-year fixed-rate mortgage dipped to 6.81% By Mark Huffman of ConsumerAffairs April 24, 2025…
Mortgage rates shot higher this week
Rates are a victim of economic uncertainty and a weak bond market By Mark Huffman of…
Mortgage rates continue to fall
The 30-year fixed-rate mortgage is now at a six-month low By Mark Huffman of ConsumerAffairs April…
Mortgage rates fell again this week
A day after the Federal Reserve strongly hinted that it might cut interest rates in September,…