A comprehensive view of mortgages / home financing. This page highlights a small sample of our full coverage.
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Recent Articles
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US homebuyer affordability declined in February as the national median payment applied for increased 4.9% to US$2,061 from US$1,964 in January; decline in affordability due to higher mortgage rates and home prices: Mortgage Bankers Assn.
Published:
March 23, 2023
by Mortgage Bankers Association
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US 30-year fixed-rate mortgage averaged 6.42% as of Mar. 23, down from 6.60% a week ago; 30-year FRM averaged 4.42% a year ago: Freddie Mac
Published:
March 23, 2023
by Federal Home Loan Mortgage Corp. (Freddie Mac)
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US mortgage applications increased 3.0% in week ended Mar. 17 from one week earlier; Refinance Index increased 5.0%, Purchase Index increased 2.0%: Mortgage Bankers Assn
Published:
March 22, 2023
by Mortgage Bankers Association
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Typical US homebuyer's down payment in January was US$42,375, down 10.0% year-over-year; share of homes paid for with all cash was 32.1%, up from 29.7% in January 2022: Redfin
Published:
March 22, 2023
by Redfin Corp.
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CIBC Chopping Block (March 17): Lumber prices inch up on strong housing data, falling mortgage rates and potential additional curtailments in Western Canada; W. SPF lumber prices up 0.8% week-over-week to US$360/mbf, and SYP 2x4 up 1.7% to US$489/mbf
Published:
March 21, 2023
by CIBC World Markets Inc.
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