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Mortgage demand rises 2.2% as interest rates decline slightly

The Mortgage Bankers Association's seasonally adjusted index shows that mortgage applications increased 2.2% last week compared to the prior week, driven by a small drop in interest rates. Applications for refinances, which are often the most sensitive to weekly rate...

House prices: What happens when they fall?

The Bank of England has increased interest rates to 3%, which will feed through into higher mortgage costs. Some lenders reported declining home prices prior to the most recent rate increase. But is this merely an anomaly or the beginning of a larger decline? What...

Warning of fewer rental properties as landlords squeezed

Renters could find it more difficult to find properties in the next year or two as landlords struggle with higher mortgage rates, MPs have heard. Landlords might be less willing to stay onto buy-to-let properties, which could have a "severe impact" on the supply of...

Mortgage demand falls slightly even as rates slip from recent highs

According to the seasonally adjusted index from the Mortgage Bankers Association, mortgage application volume hardly changed last week, declining 0.5% from the prior week. Rates, meanwhile, slightly decreased last week, although they are still very close to a 22-year...

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House prices: What happens when they fall?

House prices: What happens when they fall?

The Bank of England has increased interest rates to 3%, which will feed through into higher mortgage costs. Some lenders reported declining home prices prior to the most recent rate increase. But is this merely an anomaly or the beginning of a larger decline? What...

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