Mortgage rates going up
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Fresh signs of strength in the economy have caused mortgage rates to rise. Mortgage company Freddie Mac says the average for a 30-year fixed-rate mortgage is now 5.81 percent, up sharply from 5.72 in last week&#39;s survey.
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New applications for U.S. home  mortgages rose last week as lower interest rates spurred  purchases, an industry group said on Wednesday.
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US mortgage applications climbed 12 percent last week as the lowest mortgage rates in four months prompted consumers to buy homes and refinance loans.
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Interest rates on US 30-year and 15-year mortgages rose in the latest week as an improving economy stoked fears of inflation, mortgage finance company Freddie Mac said on Thursday.
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Mortgage rates increased this week for the first time in a month, while holding close to the lowest since early April, according to Freddie Mac.
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OTTAWA - Interest rates are up and are likely going higher but don&#39;t lock in that variable-rate mortgage, experts advised Tuesday after the Bank of Canada raised interest rates a further quarter-point.
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New applications for U.S. home  mortgages increased last week, as purchase activity rose amid  lower mortgage rates, an industry group said on Wednesday.
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Homeowners increased their mortgage borrowing by almost $600 billion in the last quarter of 2006, an annual pace of 6.4 percent.
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U.S. mortgage applications rose last week, with both new purchases and refinancings driven up by the lowest long-term home loan rates since early December, an industry trade group said on Wednesday.
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Another rise in interest rates, the fifth this year, is likely to hit homeowners and property investors. The Reserve Bank today increased the Official Cash Rate (OCR) by a quarter of one per cent to 6.25 per cent.
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Interest rates on U.S. 30-year and  15-year mortgages edged higher this week amid signs the economy  is improving, stoking inflation concerns, mortgage finance  company Freddie Mac said on Thursday.
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The price of money has gone up. Or more technically, long-term interest rates have jumped in recent weeks, rattling the already slumping housing market. When potential home buyers call for mortgage rate quotes these days, "they're shocked; they almost don't believe you," said Jim Foley, senior vi...
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As mortgage defaults rise, more houses are being put up for auction -- and more people are seeing a chance to make big bucks. But there are risks
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NEW YORK  - New applications for U.S. home loansrose last week to their highest level in four months eventhough mortgage rates ticked upward from their recent lows, anindustry group said on Wednesday.
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New applications for U.S. home loans  rose last week to their highest level in four months even  though mortgage rates ticked upward from their recent lows, an  industry group said on Wednesday.
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Speedy growth in the eurozone and UK services sectors are making higher interest rates likely.
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The number of people paying their mortgages late â or not paying them at all â increased up in recent months, a trend that is expected to continue well into next year.