Mortgage

Mortgage Rates Back Above 6.50% as Oil Worries Mount

And just like that, mortgage rates are back above 6.50% and could be heading even higher.I’ve been warning folks for a couple weeks...

‘Not the right time’: Retirees delay downsizing plans as housing market slumps

Falling home prices, high moving costs and a lack of suitable smaller homes are keeping many retirees in place, even as Canada’s aging...

Invesco REIT takes loss as Iran volatility hits agency MBS

Invesco Mortgage Capital recorded a loss under generally accepted accounting principles during the first quarter, when it reported that Iran War volatility weakened...

Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear

It’s looking like mortgage rates are headed back up again after a nice reprieve in early April.We all know they had a terrible...

Sagen profit slips in Q1 as claims rise and insurance margins tighten

Net income falls to $118 million as losses on claims more than double, while delinquencies edge higher