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Borrowers with loan-to-valuation ratios (LVRs) of 80% or higher saw arrears peak around 2.5% in 2024 but are now falling.
Despite forecasts that mortgage rates will slowly ease, buying a home is still too costly for most people. The average 30-year fixed rate has been in the 7% range over the last 7 months, creating ...
There were 41,500 remortgage approvals in May, a rise of 6,200 on the previous month and the highest level since February ...
With the summer homebuying season in full swing, are mortgage rates at a low enough level to keep activity flowing through ...
Fed rate cuts are still on the table this year, but stronger-than-expected job data will keep policymakers on hold this month ...
As of June 26, the average rate for a 30-year fixed-rate mortgage dropped to 6.77%, down modestly from 6.81% the previous ...
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped ...
Recently, aspiring home buyers are seeing a little relief. The housing market in general — though there are, of course, ...
The Mortgage Bankers Association now predicts that mortgage rates will decline only slightly to 6.7% by the end of the year.
Some good news on the mortgage rate front. Sort of. Mortgage rates dropped for the fourth consecutive week as geopolitical tensions eased and Treasury yields fell. The average 30-year fixed mortgage ...
While mortgage rates have come down slightly from a peak in late 2023, rates are still high. Potential homebuyers may feel from reprieve in 2025 as the Fed continues with its anticipated rate cuts.
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