How Low Will Mortgage And Refinance Rates Go?
A number of popular loan options fell by double digit basis points for the week ending March 24
A number of popular loan options fell by double digit basis points for the week ending March 24
This week, a couple of notable purchase and refi rates trailed off, though rates remain high compared to the same ...
Rates have declined since they hit their peak in late 2022, though remain nearly double what they were during the ...
The average 30-year and 15-year fixes mortgages were up by double digit basis points
The average rate for a standard 30-year fixed mortgage is up 15 basis points compared to last week
The average interest rates for both 15-year fixed and 30-year fixed mortgages both moved higher, as did the refinance counterparts
The Fed's interest rate hikes had an almost immediate effect on the purchase and refinance market
A homebuyer on a $2,500 monthly budget can afford a $400,000 home for the first time in four months
A couple of notable rates ticked downward this week, though rates still remain high compared to a year ago
Stocks surged and real estate market watchers were optimistic that mortgages ay have room to decline
© 2023 California Listings, Inc.