The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
Mortgage interest rates have fallen across a range of products in recent weeks
Several ECB officials have made remarks about their expectations for interest rates in recent days.
State Street chief investment officer Lori Heinel believes a rate cut in June is "likely."
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
Tesla has updated their future vehicle line-up to accelerate the launch of new models ahead of their previously communicated start of production in the second half of 2025. These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of the current platforms, and will be able
Liverpool hosted Atalanta in the first leg of their Europa League quarter-final tie. Jurgen Klopp's side were left in shock after suffering a dismal 3-0 loss at Anfield. Which Premier League sides will be relegated this season? Listen to the
Britain’s FTSE 100 index reached a record high of 8,076 points early on Tuesday April 23 as hopes grew of cuts in the interest rate. This overtook the previous day’s 8,023 and outstripped February 20023’s record 8,0476 points. The City was counting on two interest rate reductions this year, with the first announced in August after […]
When analysing the outlook for equities, it can be useful to consider the assumptions financial markets appear to be pricing in. Historically we have found that opportunities and risks are most present when the market is pricing in bearish or bullish outcomes respectively that probabilistically are
The New York Times did a classic the economy is awful story by highlighting the fact that 1.3 million homeowners might not be moving because of the large gap between current mortgage rates and the rate they would have to pay on a new mortgage. While this is clearly a problem, the flip side is More
The cost of housing an dining for incoming first-year students at Michigan State University is jumping by nearly seven percent.