Most home buyers in Canada will encounter the stress test when applying for a mortgage. Here’s how it works and what it means ...

Related: The surprising reason mortgage rates are up despite interest rate cuts. Realtor.com released its Q3 Down Payment ...

Pennymac made a profit of $69.4 million in Q3 2024, down from $98 million in the prior quarter, as it deals with volatility ...

Interest rates are more than a full percentage point lower than they were this time last year. Interest rates are sitting ...

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The Rate Relief Mortgage program, offered through the Michigan State Housing Development Authority (MSHDA), will provide ...

Even though mortgage rates have softened since last year, homebuyers are still paying over asking price to secure their dream ...

Mortgage REITs are becoming more attractive due to reduced RMBS spreads, alleviated negative convexity, and a lower cost of ...

Mortgage rates for October 22, 2024, are around 6.35%, according to Zillow data.  Mortgage rates have increased thanks to strong jobs data and shifting expectations around Fed rate cuts. Next year, ...

Central banks don’t control fixed-term loan rates. The Treasury market sets those, and the Treasury market hasn’t been ...

A survey finds around three-quarters of retirees with a mortgage owe more than they have in superannuation. More people are ...

Learn how much you can save after an interest rate cut, from mortgages to credit cards.Maximize your savings by refinancing ...