US mortgage rates hit highest level since May 2025
Applications for mortgages fell 4.1% as borrowing costs rose amid elevated inflation and energy prices.
Applications for mortgages fell 4.1% as borrowing costs rose amid elevated inflation and energy prices.

Higher bond yields may push up interest rates for mortgages and business loans, according to BBC analysis.

Homebuyer mortgage applications have fallen sharply amid a surge in interest rates, according to market data.
A Federal Reserve rate increase is anticipated, which will have downstream effects on mortgage rates and borrowing costs for consumers.
Fannie Mae and Freddie Mac have authorized lenders to adopt the alternative credit-scoring model.

The share of UK home loans requiring no deposit has reached its peak in over 15 years, according to BBC reporting.

The Bank of England's interest rate decisions ripple through mortgage, loan, and savings rates for millions of consumers.

Borrowers are increasingly turning to adjustable-rate mortgages as traditional mortgage rates continue to rise.

Major lenders have increased rates on new mortgage deals in recent days, forcing borrowers to make immediate decisions.