Read more at MarketWatch.
Mortgage rates hit highest level since November, pushing monthly payment for a typical home close to $3,000
Date: | |
Tag: | Mortgage |
Sort by
Filter
Date
Items per page
-
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.CNBC - Business -
Fed expected to hold interests rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
Adjustable-rate mortgage demand surges to highest level this year as 30-year rate keeps climbing
Mortgage applications fell 2.3% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.29%.MarketWatch - Business -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Treasury yields finish April with biggest monthly jumps since 2022-2023
Treasurys sold off on Tuesday, solidifying the 10-year yield’s biggest monthly increase in more than a year, after U.S. economic data threw more doubt on the Federal Reserve’s ability to cut interest rates this year.MarketWatch - Business -
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.The New York Times - Business - Federal Reserve -
Natural-gas prices post their first monthly gain since October. Here’s why.
Natural-gas futures were among the largest commodity gainers in April — posting a monthly rise of almost 13% as traders bet on a slowdown in U.S. production ahead of the high-demand summer cooling season.MarketWatch - Business -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
MLB bee delay: Dodgers vs. Diamondbacks pushed back nearly two hours due to swarm behind home plate
Arizona had to call in a beekeeper to Chase Field on Tuesday nightCBS Sports - Sports - MLB
More from MarketWatch
-
Cruise operator Viking’s IPO values company at $10.36 billion to mark biggest deal of year
Viking’s stock jumped 9% in initial trades on the New York Stock Exchange on Wednesday.MarketWatch - Business -
Biden administration to cancel $6.1 billion in student debt for borrowers who were scammed by single school
The Department of Education is cancelling $6.1 billion worth of student debt for 317,000 borrowers who were scammed by their school, officials announced Wednesday.MarketWatch - Business - Joe Biden -
Starbucks’ ‘grande headwinds’ lead to rare downgrades for the stock
Starbucks Corp. worse-than-expected quarter and grim predictions for the year brews a mix of discontent and hope on Wall Street.MarketWatch - Business -
Mastercard cuts its revenue outlook — but that has nothing to do with spending
The new forecast reflects Mastercard’s updated projection for the strong dollar’s impact on results.MarketWatch - Business -
Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart
The U.S. stock market has kicked off May trading mostly lower, with the S&P 500 down in midday trading Wednesday after slumping in April.MarketWatch - Business