Applications to refinance a home loan jumped 10% compared with the previous week and were 33% higher than the same week one year ago.
M/I Homes faces challenges with rising mortgage rates, affordability issues, and policy uncertainties. Click here to read an ...
"They just don't have that extra money, so they're making these huge compromises in every bit of their life," said Sarah Coles, head of personal finance at the leading investment firm. "And people ...
The amount you pay as a down payment can influence your mortgage interest rate. Generally, larger down payments result in lower interest rates, as lenders see these as a sign of strong financial ...
However, by longer-term standards, affordability continues to be "stretched" with first-time buyers with a 20% deposit spending around 36% of their take-home pay on mortgage payments. That's well ...