Purchase And Refi Rates Tick Up
The average rate for a 30-year fixed loan moved well past 7 percent this week
The average rate for a 30-year fixed loan moved well past 7 percent this week
The application index was down 68.7 percent compared to the same period in 2021
The average 30-year fixed rate approached 7 percent this week
Apps decreased 14.2 percent from one week earlier, according to the Mortgage Bankers Association
A number of fixed mortgage rates have hit unforeseen heights, having many questioning just how high will they go?
The average monthly mortgage payment has climbed $337 over the past six weeks
The MBA found the national median payment applied for by applicants decreased to $1,839 August
Many of the more popular loan options have now hit historic highs following last year’s incredibly low rates
Apps increased 3.8 percent for the week ending September 16
The average interest rate for a standard 30-year fixed mortgage hit 6.28 percent this week
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