Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.
While credit card and personal loan rates have soared, they've enjoyed a much more affordable way to borrow cash: Home equity ...
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...
While the mortgage rates have risen despite the Fed cutting rates, potential homebuyers are left with the choice to either ...
At its January 2025 meeting, the Federal Reserve opted to hold its target interest rate steady, leaving the low end of the range at 4.25%. "The (Fed) is strongly committed to supporting ...
For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial ...
LendingClub has potential for growth, with stable rates and excess capital to drive earnings in 2025/2026. Read more here.
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following ...
BEIJING, Jan. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Monday, unchanged from the previous month. The over-five-year LPR ...
China's commercial lenders held benchmark lending rates on Monday, the People's Bank of China said. The one-year loan prime rate held steady at 3.1%, while the five-year rate remained at 3.6% ...
The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations. The bank ...