US Mortgage rates are climbing, and are up significantly from the record low a few weeks ago. Freddie Mac‘s Primary Mortgage Market Survey (PMMS) shows 30-year fixed mortgages hit a multi-month high for the week ending March 4, 2021. The lender said this is the highest average reading for the index since July. US 30-Year […]
American real estate buyers are regretting the decision to jump into the market during a pandemic. LendEdu, a US rate comparison site, surveyed homeowners that bought after March. The survey found a significant number of happy homeowners, taking advantage of record low rates. However, the majority of buyers have regrets about pulling the trigger on […]
Canadians with supersized mortgages are requesting payment relief at a much higher rate than across the border. Both the US and Canada worked with banks to offer mortgage payment deferrals since March. Both countries launched their programs and had a sharp initial uptake at the same time. The rate of US mortgage deferrals have since […]
