Who's refinancing despite higher rates?

Who's refinancing their mortgage despite rising interest rates?

bizjournals bizjournals | 1 year ago

Mortgage rates have doubled from where they were a year ago, and the home loan refinancing market has fallen off a cliff. And yet, there are still some homeowners who are refinancing their loans.

Rising Interest Rates Shake Up the Mortgage Industry

epicrealestate epicrealestate | 5 years ago

Demand for mortgages has tumbled amid rising rates, and generally speaking home prices have the American dream on hold. The post Rising Interest Rates Shake Up the Mortgage Industry appeared first on SoFi.

Region's housing market still at 'shock and awe levels' despite rising interest rates

bizjournals bizjournals | 2 years ago

One expert said it could be a generation or more until the return of nornal market inventory levels.

Mortgage refinancing drops to a 22-year low as interest rates rise

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

CNBC's Diana Olick joins 'Squawk Box' to break down the latest weekly mortgage demand data from the Mortgage Bankers Association.

Mortgage refinancing drops to a 22-year low as interest rates surge even higher

Broadcast Media Production and... Broadcast Media Prod... | 1 year ago

Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. After a strange rebound the week before, applications to refinance a home loan declined 11% for the week and were 84% lower than the sam...

Rising mortgage rates are causing more home sellers to lower their asking prices

Broadcast Media Production and... Broadcast Media Prod... | 2 years ago

Weakening affordability is causing sellers to get more realistic about their asking prices. There are also more listings coming on the market.

Factors That Influence Mortgage Interest Rates

apmortgage apmortgage | 2 years ago

There are a few really important numbers when it’s time to obtain a home loan: your credit score, the amount you want to borrow, and the interest rate. The news is full of talk about interest rates lately. Will they go up? Will they go down? Will they stay down? When they go up, how far will they go?

Blog: UK mortgage market among most exposed to rising interest rates

The voice of the UK mortgage i... The voice of the UK ... | 1 year ago

The UK mortgage market is among the most exposed globally to rising interest rates due to borrowers relatively high debt-to-income ratios, the expected path of sterling interest rates and the number of loans with two-year fixed rate periods in the UK. In Fitch’s recent report, Global Mortgage Markets Ranked by Vulnerability to Rising Rates, the agency ranked markets based on how vulnerable they would be on average, to a 3 percentage point increase in mortgag...

How rising mortgage interest rates affect land buys across metro Phoenix

bizjournals bizjournals | 1 year ago

Between January and September, there were 1,186 land transactions across metro Phoenix. RL Brown Housing Reports conducted research exclusively for Phoenix Business Journal to break out those land buys, including their purchase prices, month by month. Here's what they found.