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
Banking concerns as of late helped keep rates low, which appears to have boosted buyer confidence for the moment
This week, a couple of notable purchase and refi rates trailed off, though rates remain high compared to the same ...
The Refinance Index increased 5 percent from the previous week and was 74 percent lower than the same week one ...
Rates have declined since they hit their peak in late 2022, though remain nearly double what they were during the ...
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 Fed's interest rate hikes had an almost immediate effect on the purchase and refinance market
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