How mortgage rates in the US will affect the real estate market

Due to the sluggish bond market in America, housing interest rates remained unchanged. So, how will mortgage rates and housing rates affect home buyers? How mortgage rates are in real estate? On Thursday, Freddie Mac, the guarantor of the mortgage issued a statement on interest mortgage prices. 30-year fixed-rate mortgage rates of 4.45 per cent …

Australian Reserve Bank keeps interest rates unchanged at 1.50%

At its meeting today, Australian Reserve Bank Board decided to leave the cash rate unchanged at 1.50 per cent. According to the statement by Governor, by Philip Lowe: The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last …

UK annual house price growth slowest in nearly four years : Nationwide

According to the latest Nationwide House Price Index datas, UK house prices show second consecutive monthly decline in April. Annual house price growth dips to 2.6% – its weakest pace for almost four years.The average house price was £207,700  in April. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “House prices recorded their …

U.S. home prices rise in February, housing affordability declines since 2002

S&P Dow Jones Indices has  released the latest results for the S&P CoreLogic Case-Shiller Indices for February 2017  that home prices continued their rise across the country over the last 12 months. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.8% annual gain in February, …

Moody’s: Japanese RMBS to show higher recovery rates on rise in property prices

  Moody’s Japan K.K. says that the rise in property prices in Japan, particularly in the Tokyo metro area, will lift mortgage recovery rates by around 2-3 percentage points on average over several years, a credit positive for Japanese residential mortgage-backed securities (RMBS). Older vintage RMBS, which include mortgages with lower outstanding loan amounts and …

U.S. current mortgage rate trends

  The current average 30-year fixed mortgage rate fell 4 basis points from 3.86% to 3.82% on Tuesday, Zillow announced. The 30-year fixed mortgage rate on April 11, 2017 is down 2 basis points from the previous week’s average rate of 3.84%. Additionally, the current national average 15-year fixed mortgage rate decreased 3 basis points …

REBNY Index: Real Estate Broker confidence rises for the first time in two years

The cloud of uncertainty surrounding real estate broker confidence in the New York City real estate market is starting to clear up. The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index in the fourth quarter of 2016 recorded the first increase in broker confidence since the fourth quarter of 2014 when …

Australian Reserve Bank keeps interest rates unchanged at 1.50%

At its second meeting for the year, the Australian Reserve Bank decided to leave the cash rate unchanged at 1.50 per cent. According to the statement by Governor, by Philip Lowe: Conditions in the global economy have continued to improve over recent months. Business and consumer confidence have both picked up. Above-trend growth is expected …

U.S current mortgage interest rates

The current average 30-year fixed mortgage rate remained stable at 3.96% on Friday, Zillow announced. The 30-year fixed mortgage rate on March 3, 2017 is up 7 basis points from the previous week’s average rate of 3.89%. Additionally, the current national average 15-year fixed mortgage rate remained stable at 3.15%. The current national average 5/1 …

U.S national 30-year fixed-mortgage rates go up to 3.86

The current average 30-year fixed mortgage rate climbed 2 basis points from 3.84% to 3.86% on Tuesday, Zillow announced. The 30-year fixed mortgage rate on February 28, 2017 is down 3 basis points from the previous week’s average rate of 3.89%. Additionally, the current national average 15-year fixed mortgage rate increased 1 basis point from …