Mortgage rates decline for fourth week in a row

Mortgage rates are declining for a fourth straight week, falling to their lowest level since April. The 30-year fixed mortgage rate has fallen below 7% to 6.86%.Mortgage rates fell to their lowest level since early April.Despite the pullback in borrowing costs over the past month, rates are still flirting around that 7% level.

Still, potential home buyers are facing affordability challenges, which is impacting housing activity. Now, with a tight house supply, home prices have pushed higher, shrinking the pool of buyers who can afford a home.Now, how long could it take to unlock the housing market? This Florida woman used lifetime warranties to cheaply maintain her car for 43 years. Here’s how you can do the sameIf you're tired of coming across the same dividend stocks over and again, here's one analysts love that provides a high yield and a cheap share price. The post 9.4% Dividend Yield! Why I’m Buying This Stock and Holding it for All Time appeared first on The Motley Fool Canada.The energy sector outperformed the market.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Online mortgage lender Nesto acquires mortgage finance company CMLS GroupMONTREAL — Online mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.
Source: SooToday - 🏆 8. / 85 Read more »

Online mortgage lender Nesto acquires mortgage finance company CMLS GroupOnline mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Average long-term US mortgage rate falls again, easing to lowest level since early AprilLOS ANGELES (AP) — Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US Home-Purchase Applications Fall by Most Since Early AprilMortgage applications for home purchases in the US slid last week by the most since early April as mortgage rates remained above 7%.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US Mortgage Rates Climb Past 7% in First Gain Since Early MayMortgage rates in the US rose for the first time in four weeks.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Mortgage rates top 7% — againMortgage rates climbed past 7% this week after declining for almost a month.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »