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US mortgage applications fall as rates jump to highest since July

ISTANBUL: US mortgage applications fell last week as mortgage rates jumped to their highest since July, according to a Mortgage Bankers Association (MBA) report released Wednesday.

The market composite index, a measure of mortgage loan application vo…

US house prices annually jump 4.2% in August

ISTANBUL: US house prices annually jumped 4.2% in August, from the same month of last year, the Federal Housing Finance Agency (FHFA) said Tuesday.

The figure showed a year-on-year increase of 4.7% in July.

On a monthly basis, meanwhile, house price…