Even as record-high home prices keep many would-be buyers on the sidelines, homeowners are benefiting from abundant home equity. This lets them tap into their home’s value for cash. Yet, with mortgage ...
The housing market was beginning to thaw as mortgagerates fell in September to a two-year low. But in the past few weeks, borrowing costs have surged, by one measure even crossing 7% and raising ...
Under this scheme, mortgagerates were capped at 8%, fuelling a boom in the property market. However, the surge in house sales resulted in a spike in inflation, which hit 9.1% in July. The ...
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