News
Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says
2+ hour, 50+ min ago (42+ words) Canadian Household Debt Reaches $2.6 Trillion in 2025, Credit Reporting Agency Says Canadians" household debt, ranging from credit cards to auto loans, reached a new high in the final quarter of 2025, according to a report from a consumer credit reporting agency....
Mortgage Rates Hit 3-Year Low, Boosting Buying Power
2+ day, 3+ hour ago (88+ words) Some experts expect the lowered rates to drive more potential buyers into the market. Mortgage Rates Hit 3-Year Low, Boosting Buying Power Mortgage rates have continued their downward drift, falling below 6 percent this week to their lowest level in more…...
Mortgage Rates Drop Below 6 Percent for First Time in More Than 3 Years
2+ day, 3+ hour ago (172+ words) Some experts expect the lowered rates to drive more potential buyers into the market. Mortgage Rates Drop Below 6 Percent for First Time in More Than 3 Years Mortgage rates have continued their downward drift, falling below 6 percent this week to their…...
Homebuying Stalls Despite US Mortgage Rates Sliding to 4-Year Low
3+ day, 8+ hour ago (82+ words) Total mortgage applications were little changed from the previous week, says the Mortgage Bankers Association. Homebuying Stalls Despite US Mortgage Rates Sliding to 4-Year Low Homebuying slowed this past week, despite U.S. mortgage rates sliding to the lowest level in four…...
Record Number of Homebuyers Cancel Sales Agreements in January
4+ day, 2+ hour ago (112+ words) About one in seven U.S. home sales fell through due to financial uncertainty and buyers exploring different options after signing agreements, Redfin reported. Record Number of Homebuyers Cancel Sales Agreements in January Nearly 40,000 prospective homebuyers backed out of transactions that were…...
As Mortgage Rates Decline, Homebuyers Gain $30,000 in Purchasing Power
5+ day, 2+ hour ago (60+ words) Buying power is at its highest level since March 2022, Zillow said. As Mortgage Rates Decline, Homebuyers Gain $30,000 in Purchasing Power The slight easing of interest rates in December, as the Federal Reserve initiated a 25 basis-point reduction, helped homeowners regain slightly…...
Fed Asset Trap Squeezes Young Home Buyers
1+ week, 1+ day ago (20+ words) Great Rewind Shows Trade Ties Outran U.S. Resilience. Fed Asset Trap Squeezes Young Home Buyers The Modern Welfare State...
US Mortgage Rates Fall to 41-Month Low
1+ week, 1+ day ago (69+ words) Rates have fallen by almost a percentage point under the Trump administration. US Mortgage Rates Fall to 41-Month Low The weekly average mortgage rate on a 30-year fixed-rate mortgage has dropped to its lowest level in 41 months, easing affordability concerns…...
Affordability Concerns Continue to Pressure Builder Sentiment, NAHB Says
1+ week, 4+ day ago (49+ words) The agency said demand for new construction has weakened, but remodeling remained strong due to low household mobility. Affordability Concerns Continue to Pressure Builder Sentiment, NAHB Says Housing affordability continues to pressure homebuyers and builders, with homebuilder confidence dropping for…...
Mortgage Recast Versus Refinancing: Which Works for You?
1+ week, 4+ day ago (77+ words) Lower your mortgage payment with a recast or refinance. The right move depends on your loan type, rate, and financial goals. Mortgage Recast Versus Refinancing: Which Works for You? If you come into some extra funds, you might want to…...