Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...

Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

according to the Mortgage Bankers Association. This week's decline in the cost of home loans reflects a pullback in the bond yields that lenders use as a guide to price mortgages, specifically the ...

You've paid off your mortgage, congratulations! But now you have a massive home repair project and not enough ready cash to cover it. Fortunately, you can still take out a home equity loan on your ...

A Coalition government would lean on banks to lend to creditworthy businesses in fossil fuels, forestry and agriculture after Opposition Leader Peter Dutton attacked “woke” bankers for ...

The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this week, up from 6.93 percent the previous week. Mortgage rates tend to track the yield ...

The weekly survey of mortgage application activity from the Mortgage Bankers Association (MBA) is no exception, for the most part. Refinancing picked up in the summer months as rates fell ...

Bob Broeksmit, chairman of the Mortgage Bankers Association, called Thompson "a trusted industry partner and strong advocate of expanding access to mortgage credit and affordable rental housing for ...

The Mortgage Bankers Association, whose readings are often slightly higher than Freddie Mac’s, says the average rate on the 30-year fixed-rate mortgage hit 7.09% at the end of last week.