January New Home Purchase Mortgage Applications Up 19.1 Percent Annually
Compared to December 2023, applications increased by 38 percent
Compared to December 2023, applications increased by 38 percent
A rates continue to tick up, mortgage applications have now decreased for three consecutive weeks
The Refinance Index increased 2 percent from the previous week and was 3 percent higher than the same week one ...
Despite an uptick in rates to start 2024, applications increased nearly 10 percent
Average mortgage rates are now at their lowest level since August
Rates decreased for the fourth time in five weeks, with the 30-year fixed rate hitting its lowest level in 10 ...
Rates had their biggest one-day drop in nearly four years this week following an encouraging inflation report
The 30-year fixed rate dropped by 25 basis points to 7.61 percent, the largest single-week decline since July 2022
MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 634,000 units last month
The National Association of Realtors expects 30-year fixed mortgage rates to fall to 6 percent by the end of 2024
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