Mortgage Rates

Dangi anticipates an income slowdown in the Indian economy due to high interest rates, and surging crude prices, which will impact the consumption capacity of the retail household.

Budget Snapshots: Housing market is active, but sops to sustain demand are critical

Lower inventory and sustained demand helped developers raise prices to pass on cost pressures in 2022

US average long-term mortgage rates back under 7%, for now

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate fell to 6.95% from 7.08% last week.

Rising mortgage rates pose near-term challenges to housing demand momentum: DLF Chairman

He said that larger and credible players continued to gain market share on account of consolidation in their favour along with improving consumer confidence.

Long-term mortgage rates under 5% for first time in four months

The average rate on 15-year, fixed-rate mortgages, popular among those refinancing their homes, fell to 4.26% to from 4.58% last week.

U.S. pending home sales dive to two-year low in April

Contracts to buy U.S. previously owned homes dropped to a two-year low in April, the latest indication that rising mortgage rates and higher prices were dampening demand for housing.

Omicron worries push mortgage rates down; 30-year at 3.05%

The average rate on 15-year, fixed-rate mortgages, popular among those refinancing their homes, fell to 2.3% from 2.34% last week. It was 2.19% a year ago.

Mortgage rates up slightly this week to a still-low 3.12%

The average rate on a 15-year mortgage fell again this week, to 2.34% from 2.38% last week. One year ago, that rate was 2.21%.

Weak jobs data may lead to a delay in tapering plan: IHS

Nariman Behravesh, Chief Economist, IHS spoke to CNBC-TV18 on the US economy and what to expect from the Federal Open Market Committee (FOMC), next week.

Realty IPO pipeline blocked; await correction boost

Rising mortgage rates and a widely anticipated price correction has seen demand curl up in India's once hot property market, burning realty stocks and blocking a USD 4 billion pipeline of initial public offerings.