With Mortgage Rates (Finally!) Down, Buyers Respond!
The 30-year fixed rate dropped by 25 basis points to 7.61 percent, the largest single-week decline since July 2022
The 30-year fixed rate dropped by 25 basis points to 7.61 percent, the largest single-week decline since July 2022
The National Association of Realtors expects 30-year fixed mortgage rates to fall to 6 percent by the end of 2024
Mortgage rates are sitting near a two-decade high and home prices rose 3 percent year over year during the four ...
New single-family home sales were up an estimated 3.7 percent last month
MBA’s Purchase Index decreased 5 percent compared with the previous week and was 28 percent lower than the same week ...
With the 30-year fixed rate increasing to 7.31 percent last week, rates are at their highest level since December 2000
Additionally, the Mortgage Bankers Association found loans in forbearance decreased in June
Compared to May 2022, apps were up 16.6 percent, the fastest pace of new home sales in 15 months
The Refinance Index increased 2 percent from the previous week and was 51 percent lower than the same week one ...
The refinance share of mortgage activity decreased to 27 percent of total applications from 28.6 percent the previous week
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