Use mortgage in a sentence | example usage from the newswires

Potential buyers continue to face elevated mortgage rates and home prices, making buying less accessible than a year ago, however, home prices continue to show signs of softening, a welcomed development for buyers. This week’s rate also creates an opportunity for potential buyers to dive in while rates are slightly lower. Pent-up housing demand is evident with every gain in affordability, whether it be softening prices or lower mortgage rates.

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1 year ago

Street hawkers, taxi drivers or teachers — they all relied on the dividend to pay for their regular expenses, like mortgage, insurance payments, school fees, that’s why, three years ago, what HSBC did upset those small minority shareholders.

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1 year ago

– Christine Fong

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1 year ago

Pent-up housing demand is evident with every gain in affordability, whether it be softening prices or lower mortgage rates, as the prime spring buying season takes off, buyers will be looking for well-priced, ready-to-move-in homes.

Economic uncertainty continues to bring mortgage rates down, over the last several weeks, declining rates have brought borrowers back to the market but, as the spring homebuying season gets underway, low inventory remains a key challenge for prospective buyers.

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1 year ago

Mortgage rates are steering both supply and demand in today’s costly environment, home sales picked up in January when rates were relatively low, then slacked off as they ramped back up.

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1 year ago

This could restrict mortgage lenders’ access to funding sources, resulting in higher rates than Treasuries would otherwise indicate, for borrowers, lending standards were already quite strict, and tighter conditions may make it more difficult for some home shoppers to secure funding. In turn, for home sellers, the time it takes to sell could increase as buyers hesitate.

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1 year ago

Expectations for slower economic growth or even a recession should bring inflation down and help mortgage rates decline.

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1 year ago

Evidence — in either direction — of spillovers into the broader economy or accelerating inflation would likely cause another policy shift, which would materialize in mortgage rates.

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1 year ago

Homebuyers in 2023 have shown themselves to be quite sensitive to any changes in mortgage rates.

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1 year ago

– Mike Fratantoni

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1 year ago

The secondary mortgage market may react to speculation that more financial entities may need to sell their long-term investments, like mortgage backed securities, to get more liquidity today.

Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks.

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1 year ago

If mortgage rates continue to slide over the next few weeks, look for a continued rebound during the first weeks of the spring homebuying season.

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1 year ago

Mortgage applications increased for the third consecutive week, despite the ongoing volatility in the financial markets and the broader economy.

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1 year ago

– Bob Broeksmit

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1 year ago

At the current price and mortgage rate level, the typical housing payment on a median-priced home is 43% higher than one year ago.

Each downward tick in mortgage rates is met with increased buyer demand, as many eager home shoppers take advantage of the slightly lower cost of financing a home, home shoppers are looking to find the optimal combination of prices and mortgage rates before entering the market.

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1 year ago

The reason for the increase is that mortgage rates were somewhat lower in January and February and consumers wanted to take advantage of a rate that was around 6.3%, rather than closer to 7%.

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1 year ago

– Lawrence Yun

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1 year ago

Pent-up housing demand continues to be sensitive to mortgage rate changes as potential buyers take advantage of any improvement in affordability.

Conscious of changing mortgage rates, home buyers are taking advantage of any rate declines, we’re seeing stronger sales gains in areas where home prices are decreasing and the local economies are adding jobs.

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1 year ago

– Lawrence Yun

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1 year ago

The flight to government bonds resulted in yields on the 10-year Treasury note falling from near 4% at the beginning of last week to 3.4% by mid-week, thereby reversing the recent trend of climbing mortgage rates.

At the beginning of last week, Federal Reserve Chair Jerome Powell suggested that more aggressive rate hikes may be necessary to rein in inflation, which led to a sharp drop in the stock market and an increase in mortgage rates.

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1 year ago

As winter turns to spring, buyers and sellers tend to re-enter the housing market, this year, both prices and mortgage rates are higher than a year ago, resulting in a 50% increase in housing costs for the typical US home.

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1 year ago