Property News
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Property News for 6 November 2024
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
CNBC - 6 Nov 2024 20:40
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.
Brits brace for higher mortgage payments despite Bank of England seen cutting rates
CNBC - 6 Nov 2024 14:37
Britons are facing the prospect of higher mortgages for longer even as the Bank of England readies to cut rates on Thursday.
Weekly mortgage demand tanks 11% as interest rates surge higher
CNBC - 6 Nov 2024 14:00
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
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