Rising Mortgage Rates Shut 1.4M Out of Refinance Market: Black Knight

Mortgage interest rates have been rising all year, potentially shutting first-time home buyers out of the market. But the increase in mortgage rates is also affecting homeowners looking to refinance, with more than 1 million now unable to get into a cheaper loan product. That’s according to data analytics company Black Knight, […]

We are facing a silent epidemic. ‘Disturbingly high rates of diabetes’ found in India

India is facing an epidemic of diabetes and high blood pressure, often called “silent killers” because they lead to heart disease, said a report today involving more than 1.3 million people. The rate of diabetes in India is over 6%, while around one quarter of people have high blood pressure, […]

Mortgage warning: two-year deals ‘dangerous’ as house prices weaken and rates rise

  Looming interest-rate rises and a stagnant housing market mean first-time buyers with large mortgages are at risk of becoming “loan prisoners” where in future years they will be trapped paying some of the highest rates, mortgage experts have warned. The most popular mortgage deals involve fixing rates for just […]

Mortgage applications leap nearly 10% on lowest rates in almost a year

Mortgage applications leap nearly 10%  2 Hours Ago | 00:53 Homebuyers are clamoring to capitalize on the lowest interest rates in almost a year, driving total mortgage application volume 9.9 percent higher last week. The Mortgage Bankers Association’s seasonally adjusted weekly index is still 19 percent lower than the same week […]