Mortgage Rates Largely Steady Week-Over-Week
With little change in rates this week, low averages continue to inspire new buyers
With little change in rates this week, low averages continue to inspire new buyers
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For the second consecutive week, rates slid to at or just below three percent
Year-over-year, apps were also up by seven percent, according to the Mortgage Bankers Association
Following seven weeks of increases, rates fell slightly across the board
Seven consecutive weeks of small but upward movement continues, but confidence in the market remains high
The week’s end data shows the 30-year fixed-rate average jumped to 3.17 percent
Interest in refinancing continues to decline week over week as mortgage rates rise.
Will the rising mortgage rates derail the housing market surge? Don’t let the numbers scare you, say experts.
The mortgage lender’s newly released Q4 stats showed major gains, bringing 2020 to a prosperous close.
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