Additional concerns that massive layoffs and spending cuts in the Federal government will cause a rapid downshift in economic activity have led many to believe that the economy is about to have the rug pulled out from underneath it, which will cause rates to continue to fall. ...
Rates will stay relatively high as long as the economy keeps outpacing expectations, while an economic downturn could send rates tumbling lower – either way, economists don't anticipate a dip into the 3% or 4% range in the foreseeable future. Here are the mortgage rate predictions for 2025:...
See a round up of the top UK mortgage news - including changes to lender terms and interest rates, market updates and advice for first-time buyers, home movers, remortgages and buy-to-let investors
such as the Federal Reserve’s interest rate policy, employment rate, the Consumer Price Index, and the yields of 10-year treasury bonds. Mortgage rates are not directly tied to any of these factors but are indirectly influenced by their current levels and consensus predictions on how they will...
Mortgage rates look to be on a bit of a see-saw as inflationary tariffs are put into effect. I think the general trend at the moment is downward but not by much as we already had a nice drop in rates last week.Ken Johnson Walker Family Chair of Real Estate, University of Mississippi...
In this article, we break down what the current average mortgage rates are in the UK and explain what's happening in the mortgage market.
Yesterday we got the latest data on inflation. While headline inflation did move higher, core inflation was in line with expectations. Core CPI is now running at an annualized rate of 4.3% for August, which is down from 4.7% in July. Very good news for mortgage rates. ...
February 28, 2025 -- Long-term yields moved lower this week, which should help mortgage rates retreat back to at least early December levels. Unfortunately, what drove yields and rates lower appears to be growing concern about the strength of the economy going forward. In recent weeks, there...
Interest Rates and Long-Term Bond Yields Push up Rates Mortgage rates tend to follow the yields of long-term bonds.When bond yields increase, mortgage rates usually increase as well. Currently 10-year bond yields are up which doesn’t bode well for lower mortgage rates.Mortgage interest rates...
HSBC has become the latest lender to cut mortgage rates amid predictions that more banks and building societies will follow suit in the coming weeks. The high street bank said its new deals will be introduced on Thursday. They will include a two-year fixed remortgage rate of 4.49% ...