Browsing: Weekly
It was a well-timed week for mortgage rates to stabilize: The 30-year mortgage averaged 6.77% in the week ending March 27, down three basis points from…
Mortgage rates experienced what President Trump characterized as a “big, beautiful drop” this week in his speech to Congress. The average rate on the 30-year fixed-rate…
Consumers are souring on the economy, dragging mortgage rates downward along with the collective mood.The average rate on the 30-year fixed-rate mortgage fell 14 basis points…
Mortgage interest rates have fallen to their lowest point since mid-December, and have remained under 7% for the third consecutive week. The average rate on a…
Mortgage rates made little movement this week amidst the backdrop of a Federal Reserve meeting and a sluggish housing market. A stock sell-off and a barrage…
You could illustrate the dictionary definition of “bummer” with a graph of recent mortgage rates.The 30-year fixed-rate mortgage has now climbed for six weeks in a…
Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese smartphone company Oppo is…
Canadians continued to rein in borrowing for the second straight quarter, according to recent data from Statistics Canada. Household credit market borrowing slowed slightly to $25.1…
Anyone who’s been shopping for mortgage rates over the past week has likely noticed fixed rates trending upwards. The latest wave of increases, however, seems to…
Weekly Mortgage Digest: Bank of Canada raises concerns over economic risks as inflation nears target
The Bank of Canada’s recently released summary of deliberations from its July 24 monetary policy meeting reveals a growing concern about downside risks to inflation. While…
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