Business
Mortgage Rates Rise to 6.78%, Squeezing Loan Demand
Mortgage rates ticked up to 6.78% last week, trimming total applications and pushing refinance and purchase demand lower.
Markets
USD/NGN₦1,339▲ 0.03%GBP/USD1.3552· 0.00%EUR/USD1.1607▼ 0.02%BTC$78,700▼ 0.41%ETH$2,466▼ 1.62%SOL$106.31▲ 4.05%S&P 5007,711.76▲ 0.49%NASDAQ26,402.42▲ 0.85%DOW53,559.99▲ 0.53%FTSE10,824.26▲ 0.07%BRENT$88.1▼ 0.54%GOLD$4,529.9▼ 2.33%
USD/NGN₦1,339▲ 0.03%GBP/USD1.3552· 0.00%EUR/USD1.1607▼ 0.02%BTC$78,700▼ 0.41%ETH$2,466▼ 1.62%SOL$106.31▲ 4.05%S&P 5007,711.76▲ 0.49%NASDAQ26,402.42▲ 0.85%DOW53,559.99▲ 0.53%FTSE10,824.26▲ 0.07%BRENT$88.1▼ 0.54%GOLD$4,529.9▼ 2.33%
Recent Signals
PSV come from behind to defeat Utrecht 6-1◆Daughters of Devi Brings South Indian Women’s Private Worlds Into Focus◆Fire Destroys Shops At Abuja's Eda Plaza, Roofing Stock Alone Over N20 Million◆FG Sets 2031 Deadline For Trans-Sahara Superhighway, Funding Remains Key◆Boreham Wood Accept National League Record Fee For Abdul Abdulmalik◆Top 10 African Safari Destinations Drawing Travellers in 2026◆San Diego record 3-1 win over LA Galaxy◆The Quiet Reinvention of the Neighbourhood◆Shettima Demands Stronger Accountability For $500 Million Nigeria Agriculture Programme◆Sabalenka Seeks Form As US Open Looms◆Madrid's €6.3m Penthouse Purchase Threatens Isabel Díaz Ayuso's Credibility◆Phoenix Mercury record 101-69 win over Toronto Tempo◆Roger Federer Inducted Into International Tennis Hall Of Fame In Newport◆Farage And Badenoch Clash Over Access To Giorgia Meloni After Rome Trip◆Iceland Referendum Deadlocked As Vote On Resuming EU Talks Hangs◆Jamaica Kingsmen secure 7-run win over Trinbago Knight Riders◆Tinubu Seeks To Block DOJ, FBI And DEA From Releasing Records Over Alleged Drug Trafficking◆Australia Considers Optional Social Media Algorithms◆Nigeria Cholera Cases Surge to over 65,000 across 35 States◆Katsina Federal Teaching Hospital Exhausts Bed Space During Diphtheria Outbreak◆PSV come from behind to defeat Utrecht 6-1◆Daughters of Devi Brings South Indian Women’s Private Worlds Into Focus◆Fire Destroys Shops At Abuja's Eda Plaza, Roofing Stock Alone Over N20 Million◆FG Sets 2031 Deadline For Trans-Sahara Superhighway, Funding Remains Key◆Boreham Wood Accept National League Record Fee For Abdul Abdulmalik◆Top 10 African Safari Destinations Drawing Travellers in 2026◆San Diego record 3-1 win over LA Galaxy◆The Quiet Reinvention of the Neighbourhood◆Shettima Demands Stronger Accountability For $500 Million Nigeria Agriculture Programme◆Sabalenka Seeks Form As US Open Looms◆Madrid's €6.3m Penthouse Purchase Threatens Isabel Díaz Ayuso's Credibility◆Phoenix Mercury record 101-69 win over Toronto Tempo◆Roger Federer Inducted Into International Tennis Hall Of Fame In Newport◆Farage And Badenoch Clash Over Access To Giorgia Meloni After Rome Trip◆Iceland Referendum Deadlocked As Vote On Resuming EU Talks Hangs◆Jamaica Kingsmen secure 7-run win over Trinbago Knight Riders◆Tinubu Seeks To Block DOJ, FBI And DEA From Releasing Records Over Alleged Drug Trafficking◆Australia Considers Optional Social Media Algorithms◆Nigeria Cholera Cases Surge to over 65,000 across 35 States◆Katsina Federal Teaching Hospital Exhausts Bed Space During Diphtheria Outbreak◆