Mortgage rates fall slightly but housing demand continues to fall in the US.

Freddie Mac released results from its Primary Mortgage Market Survey (PMMS), indicating that 30-year fixed-rate mortgage (FRM) averaged 5.30%. “Buying demand continues to fall as the cumulative impact of Higher rates, elevated home prices, increased risk of recession, and declining consumer confidence affect homebuyerssaid Sam Khater, chief economist at Freddie Mac. Average weekly US mortgage […]

Mortgages are skyrocketing | Newstream

Mortgages in the Czech Republic are becoming more expensive. According to the latest data from Fincentra Hypoindex, the average interest rate at the beginning of July was 6.24 percent, now it is approaching the level of 6.5 percent. Mortgages are the most expensive since the turn of the millennium. They are even more expensive than […]

Prices for Swiss real estate are not yet shaking

According to the latest market data, home prices in Switzerland continue to rise slightly. Nevertheless, the situation for homeowners could soon become more uncomfortable. So far, interest rates that have risen across the board have not dampened demand for home ownership. As the SWX IAZI Private Real Estate Price Index shows, the prices paid for […]

Mortgages in the US: the different components that make up the final amount

Mortgage loans are medium or long-term credits —usually fixed in periods of 15 to 30 years—, destined to help people to acquire their homes., commercial premises or offices, as well as the construction of houses. This type of loan has the particularity that it is issued having as collateral, in case of non-payment of the […]

How does the rate hike affect me?

Low interest rates have been the trend in recent years. However, the European Central Bank (ECB) is going to vary its monetary policy to try to contain inflation, and that will change the direction of the price of money. The first increase in eleven years by the central bank will not take place until next […]