Mortgage

Mortgage Demand Surges as Rates Drop After Two-Month High

Mortgage demand surged as 30-year fixed rates dropped to 6.86%. Home purchase applications rose 12%, driven by improved inventory and…

12 months ago

Oman’s Banking Sector, Anticipating Revitalized Credit Landscape in 2023

Oman's financial landscape is primed for positive shifts, as indicated by the Central Bank of Oman's Credit Conditions Survey. Forecasts…

2 years ago

Australia’s Housing Market Remains Resilient to Rate Hikes, S&P Analysis Reveals

Australia's housing market continues to display strength and resilience, as highlighted by a recent analysis conducted by S&P Global Ratings.…

2 years ago

Consortium of Chinese Banks Agree to Fund Port Terminal in Peru

A consortium of Chinese banks have agreed to lend $975 million for the construction and development of the Chancay Multipurpose…

3 years ago

Swedish inflation runs red hot in December, raising pressure on Riksbank

Swedish consumer prices rose more than expected in December, hitting double digits and a fresh 30-year high in an outcome…

3 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Analysis: British banks’ mortgage payday comes with sting in the tail

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country's…

3 years ago

Mortgage News: Interest rates are on the rise!

Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 %…

4 years ago

Explainer: The U.S. yield curve has been flattening – Why you should care

The U.S. Treasury yield curve has been flattening over the last few months as the Federal Reserve prepares to hike…

4 years ago

‘Big Short’ Burry exits bearish bets on Tesla, Google

Fund manager Michael Burry of "The Big Short" fame exited bearish bets on Tesla Inc (TSLA.O), Alphabet Inc's (GOOGL.O) Google,…

4 years ago