Topic
mortgages
9 stories related to this topic, newest first.
washingtonpost.comfinance6 days ago
Mortgage Applications Dip 2.2% Week-to-Week but Remain Above Year-Ago Levels as 30-Year Rate Edges to 6.58%
Total mortgage application volume declined last week while the average 30-year fixed rate increased one basis point. Refinance and purchase applications both fell on a weekly basis but remained above year-ago levels.
world13 days ago
South Korean Household Loans at Five Major Banks Rise 4.137 Trillion Won in June
Outstanding household loans at the country's five largest banks reached 774.96 trillion won as of June, the largest monthly increase in 11 months.
The Timesworld51 days ago
UK Mortgage Market Relies on Short-Term Fixed Rates
Ninety-five percent of new UK mortgages taken out in March were fixed for five years or less. Homeowners in the US and parts of Europe more commonly select fixed-rate loans lasting 15 to 30 years.
The Independentbusiness57 days ago
Lloyds Study Identifies UK Areas With Youngest First-Time Buyers
Lloyds analyzed mortgage data to find locations where first-time buyers average 27 years old. The study also listed the least expensive areas for first-time purchases across the United Kingdom.
science57 days ago
Central Banks Hold or Cut Interest Rates
Australia raised its cash rate to 4.35 percent in May while several other countries maintained or lowered rates. Central banks in New Zealand, the United Kingdom, the United States, Japan, and Indonesia are responding to differing inflation, unemployment, and currency conditions.
pymnts.comfinance62 days ago
U.S. Household Debt Edges Up to $18.8 Trillion in Q1 2026, New York Fed Reports
Total U.S. household debt increased by $18 billion in the first quarter to $18.8 trillion, according to the New York Fed, with mortgage and auto loan balances rising while credit card debt fell seasonally. Delinquency rates matched their highest level since 2017, driven in part b…
pymnts.comfinance62 days ago
U.S. Household Debt Rises to $17.794 Trillion in Q1 2026
The Federal Reserve Bank of New York reported total household debt increased $18 billion from the prior quarter, driven by gains in mortgages, auto loans and HELOCs that offset a seasonal drop in credit card balances. Delinquency rates showed little overall change at 4.8 percent,…
FI
LI
ZE
The Independentworld63 days ago
Lloyds Launches £5,000 Deposit Mortgage for First-Time Buyers
Lloyds Bank will offer a five-year fixed-rate mortgage requiring only a £5,000 deposit on properties up to £300,000, available from May 18 through Lloyds, Halifax and brokers. The product targets renters who can afford monthly payments but struggle to save larger deposits, with b…
YA
The Independentbusiness67 days ago
UK House Price Growth Halves in April
Annual house price growth in the UK fell to 0.4 per cent in April from 0.8 per cent in March. The average UK house price declined 0.1 per cent month-on-month to £299,313. Average prices paid by first-time buyers reached their lowest level of the year.