Tag: mortgage

Despite weeks of rising rates, mortgage applications increased 7.4 percent from one week earlier

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 company’s mortgage-origination volume fell some 60 percent in 2022

The Fed's interest rate hikes had an almost immediate effect on the purchase and refinance market

A couple of notable rates ticked downward this week, though rates still remain high compared to a year ago

Mortgage applications decreased 9 percent from one week earlier, according to data from the Mortgage Bankers Association

Both the 30-year and 15-year fixed rates ticked up slightly over last week’s numbers

The average for a 15-year and 10-year fixed refinance shrank, while 30-year fixed-rate refinances moved higher