Cheaper mortgages are usually a boon to the housing market. But this year, a sharp drop in mortgage rates hasn’t provided much of a lift, and that could bode poorly for the Federal Reserve’s efforts.
Mortgage rates were moderately higher today marking the first detectable shift of the week. Many of the market participants who trade the bonds responsible for rate movement had been waiting to see.
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Take-up of buy-to-let mortgages slowed in June as economic and political uncertainty caused some buy-to-let investors to.
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ICS Mortgages, a subsidiary of non-bank lender Dilosk, has written to some 1,067 buy-to-let and owner-occupier.
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A strong demand for bonds typically sends mortgage rates lower. But this week, rates were stable. According to the latest.
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On the heels of a flurry of new proprietary products and product features from the nation’s top reverse mortgage lenders, Liberty Home Equity Solutions last week announced the launch of its EquityIQ.
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According to the federal Department of Housing and Urban Development, if you can afford to rent, you may be able to afford to.