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
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The Midnight Studio, Episode 10 viewership was steady in Korea last night for its third episode in a row, while international audiences have never wavered over their enjoyment of the supernatural drama.
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
KIERAN GILL AT THE VITALITY STADIUM: Bruno Fernandes scored twice to rescue an unconvincing 2-2 draw for Manchester United at Bournemouth as they dropped to seventh.
Joshua Kimmich's second half goal handed Bayern Munich a 1-0 win on the night. Arsenal struggled to create as Bukayo Saka was uncharacteristically quiet. Liverpool have been 'hungover' since Man United dumped them out of the FA Cup - where has their energy gone? 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
Member of the European Central Bank (ECB) Governing Council and Bank of Latvia Governor Martins Kazaks said on Friday that the former institution will cut its key interest rate in June "if nothin
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,