Mortgage

Adjustable-Rate Mortgage Rates Are Nearly Back Into the 4% Range

I keep hearing that more home buyers are considering adjustable-rate mortgages.And you are seeing it in the data, with ARMs accounting for 8%...

CMHC reports further slowing of housing starts with no turnaround in sight

The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on...

Fed’s Bowman wants to boost banks’ share of mortgage market

Key Insight: Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed is exploring ways to reduce banks' regulatory costs associated with...

U.S. inflation comes in relatively tame, defying fears of jump

U.S. inflation was fairly mild at the start of the year, defying concerns for a bigger jump and boosting expectations that the Federal...