However, if the mortgage term is stretched to 40 years, monthly repayments could fall by over £239 to approximately £899 – potentially bringing homeownership within reach for more buyers.
Fannie Mae's latest monthly economic and housing outlook for September predicts mortgage rates will average 6.4% at the end ...
Home loan applications inched up again after interest rates fell to a new low and homeowners also took advantage of ...
Despite mortgage rates falling considerably during the month of August, cautious homebuyers were hesitant to come off the ...
In 2Q 2025, commercial and multifamily mortgage debt rose 1% to about $4.88 trillion, led by life insurance companies and ...
Homebuyers waiting for mortgage rates to dip below the 6% mark may have to sit on the sidelines a little longer, as Fannie ...
That’s because, as Redfin’s Chen Zhao explained, unease over housing costs and the overall economy is now impacting sellers ...
Mortgage application activity technically hit another long-term high last week, but that's only because it was riding the ...
Freddie Mac's (OTCQB:FMCC) total mortgage portfolio rose at an annualized rate of 3.5% to $3.63T in August, the ...
The Fed's rate cuts have delivered meaningful relief to the mortgage market, with 30-year rates reaching their most ...
Currently, the average interest rate on a 30-year fixed mortgage is 6.37%, compared to 6.15% a week ago, according to the ...
Amid expectations that the Federal Reserve would cut interest rates last week, mortgage rates fell to their lowest level in nearly a year, dropping to 6.30 percent, according to Bankrate’s national ...