Mortgage Refinancing

3 mortgage refinancing alternatives seniors should consider now

Seniors disappointed in their mortgage refinancing options may benefit from exploring these alternatives instead.

Brookfield commits £900mn to backstop Canary Wharf refinancing

Canadian asset manager agrees to provide equity commitment if landlord cannot pay off bonds

World - Financial Times - Yesterday

Why home equity loans are better than refinancing right now

There's a compelling argument to be made for using a home equity loan over a refinance loan right now. Here's why.

HELOCs vs. cash-out refinancing: Which is safer now?

Both HELOCs and cash-out refinancing have unique benefits for homeowners, but only one is arguably safer right now.

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

What's the mortgage interest rate forecast for November 2024?

After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.

Will mortgage rates fall? Your Budget questions answered

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

Justice Dept. Sues Rocket Mortgage for Appraisal Discrimination

After a white appraiser slashed the value of a Black woman’s duplex, the Justice Department sued all involved in the assessment, including the nation’s largest lender.

Top stories - The New York Times - November 1

Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - November 6

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - November 12

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Mortgage rates are near 7%, but buyers are making a comeback

Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - 3 days ago

Average mortgage rate increases heading into winter holidays

The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.

What will mortgage interest rates be in 2025? Experts weigh in

Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Business - MarketWatch - October 30

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

Mortgage demand stalls as interest rates surge higher ahead of election

Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.

Business - CNBC - October 30

Mortgage rates increase for the fifth straight week — but there’s good news

The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 31

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

America’s secret weapon against inflation: The 30-year home mortgage

Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.

Business - MarketWatch - November 2

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

Mortgage delinquencies ticked up in September for the 4th month in a row

Rising interest rates and hurricane-related pressures are driving an increase in late mortgage payments, Intercontinental Exchange says.

Business - MarketWatch - November 5

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - November 6