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high mortgage rates
BC, Ontario Mortgage-Holders Increasingly Missed Payments in Q4, Equifax Says
Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said. The fourth quarter saw a continuation of ...
March 5, 2024
BY
The Canadian Press
US Existing Home Sales Fall to Near 30-Year Low
The decline in sales happened as mortgage rates rose and made homes more expensive for buyers.
January 20, 2024
BY
Naveen Athrappully
Mortgage Rates Decline for 9th Straight Week as 2023 Registers Home Affordability Crisis
Mortgage rates are expected to remain elevated in a range of around 6 to 7 percent in 2024.
January 2, 2024
BY
Naveen Athrappully
Homebuyers Struggle as Mortgage Rates Hit Highest Level Since 2000
To afford a median-priced home, a buyer’s annual income must now be 50 percent higher compared to the ...
October 26, 2023
BY
Naveen Athrappully
Housing Groups Urged the Fed to Stop Raising Interest Rates as the Industry Suffers
The move comes as the Federal Reserve has increased interest rate 11 times since March 2022 in an ...
October 13, 2023
BY
Aaron Pan
Number of US Homes for Sale Plunges to Lowest Level Since 2012
Fewer homes were available for sale in the United States in May than in any month since real ...
June 24, 2023
BY
Naveen Athrappully
US Homes for Sale Fall Nearly 40 Percent Amid Tight Market Conditions
The number of homes for sale has declined from pre-COVID-19 pandemic levels, with high mortgage rates discouraging prospective ...
June 16, 2023
BY
Naveen Athrappully
‘Constrained’ Home-Purchase Activity: Mortgage Applications Register Fourth Consecutive Weekly Drop
Mortgage applications have fallen for the fourth straight week amid elevated mortgage rates, according to a recent report ...
June 8, 2023
BY
Naveen Athrappully
US Mortgage Rates Hit 6-Month High as Home Sales Decline
Mortgage rates in the United States have hit the highest level in six months while loan applications and ...
May 26, 2023
BY
Naveen Athrappully
Monthly Mortgage Payments Could Spike 20-40% Over Next 3 Years: Bank of Canada
While a large number of mortgage holders have seen their monthly payment rates jump over the past year ...
May 19, 2023
BY
Peter Wilson
Housing Payments Rise Across US Despite Fall in Home Prices
Even though U.S. home prices have fallen by their biggest margin in over ten years, monthly housing payments ...
April 22, 2023
BY
Naveen Athrappully
High Mortgage Rates Dampen Home Buying Amid Limited Inventory
High mortgage rates have dampened home-buying demand, although a dwindling inventory has resulted in available properties selling out ...
April 7, 2023
BY
Naveen Athrappully
TOP NEWS
SpaceX Sends 2nd Starship Into Orbit, Aborts Booster Catch at Launchpad
1hr
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T.J. Muscaro
Jensen Huang Scandal Puts Spotlight on National Security Concerns Over Nvidia’s AI Chips
2hr
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Andrew Moran
Flávio Bolsonaro on His Escape, the Election, and His Plans for a Comeback
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Jan Jekielek
, Epoch TV
Victims Describe the Moment Their Brooklyn Building Collapsed
4hr
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Nicholas Zifcak
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Trump to Meet Putin, Xi on Sidelines of APEC Next Week, Officials Say
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Troy Myers
Van Hollen Makes His Case to Replace Schumer as Jeffries Is Heckled at Democratic Gathering
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Chase Smith
Nvidia Shares Fall for a 2nd Day in Fallout From CEO Resignation
5hr
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Bill Pan
Tanker Collides With Docked Riverboat in New Orleans
6hr
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Jacki Thrapp
Nationwide Ground Stop Lifted After More Than 5 Hours
7hr
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Jill McLaughlin
Supreme Court Takes Up Robinhood Investor Lawsuit
8hr
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Stacy Robinson