Mortgage Rates Spared by Tame Inflation Data, But Will Likely Hit New 52-Weeks Highs Soon Anyway
It was a good week for mortgage rates thanks to tame inflation data.I use the phrase “good” loosely because mortgage rates didn’t really...
Why Canada’s reverse mortgage rates are falling
Canada’s four reverse mortgage providers have cut rates within weeks of one another, reflecting lower institutional funding costs and growing competition for an...
Should lenders prepare for mortgage rates moving even higher?
Mortgage rates reached their highest level since the end of August, following a week of heightened uncertainty over the Iran conflict, slightly moderated...
Mortgage Rates Saved by Coolest Inflation Report Since 2020
Just as mortgage rates threatened to reach their highest point since the Iranian conflict began, they were granted a reprieve.This time, it was...