#Mortgages

A record share of outstanding mortgages originated during the pandemic-era low-rate period, leaving millions of homeowners reluctant to sell as borrowing costs remain elevated.

Rates rose a little this week, and troubling inflation data might pull them further upward.

From Independent RSS Feed: Home repossessions edge up but number of mortgages in arrears falls – UK Finance

Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.

Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.

TL;DR: Mortgage rates went up today, but not enough to bust your homebuying budget.

Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.

Mortgage interest rates rose this week but are significantly lower today as an end to the war in Iran appears possible.

Mortgage interest rates plunged on the very real possibility of a resolution to the Iran war.

Mortgage interest rates are higher now but likely to move lower as tensions in Iran appear to ratchet down.

Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise -- indicating that lower income borrowers dropped out.

The possibility of renewed aggressions in Iran has mortgage interest rates edging upward today.

Lenders are beginning to use VantageScore 4.0, which factors in consumer data not currently considered in the score that's been used with mortgages for decades.

Mortgage interest rates should remain stable in May unless there are significant negative developments in Iran, which would push rates higher.

Mortgage interest rates are on the way up as the situation in the Strait of Hormuz becomes more fraught.

The Federal Reserve didn't cut rates. While this benefits savers, learn how it impacts you when you need to borrow money.

TL;DR: Fresh inflation signals and sustained tension in Iran are driving oil and mortgage costs higher.

From Reddit - r/economics: Russia uses subsidized mortgages to drive population replacement in Mariupol