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Mortgage applications are now at their highest level in more than two years after an 11% jump during the week ending Sept. 20, according to the newest weekly applications survey from the Mortgage ...
A dip in rates caused refis to surge 12% from the week prior, while purchase activity took a hit Mortgage applications rose 2.2% from last week, according to the Mortgage Bankers Association (MBA)'s ...
“Application activity was up significantly last week, as market expectations of a rate cut from the Fed pulled mortgage rates lower,” said Joel Kan, an economist with the Mortgage Bankers ...
According to the Mortgage Bankers Association, mortgage applications surged nearly 10 ... to be short-lived as mortgage rates are likely to rise again. To watch more expert insights and analysis ...
The average rate on 30-year fixed home loans from Freddie Mac ticked down again to 6.84% for the week ending June 12.
but are trending lower than last week when overall applications increased 11%. The latest data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows a 1.1% increase on ...
Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...
Last week, mortgage applications fell 17% ... In a competitive housing market with high demand, mortgage rates may rise, while rates may decrease in a slower market. Creditworthiness: Borrowers ...
Shelter costs rose by 0.3% month-over-month from April to May and 3.9% annually, according to the latest Consumer Price Index ...
However, the 30-year fixed rate mortgage is still 14 basis points lower than it was for the same week last year, the Freddie Mac survey reported.
Rates for home loans pressed higher for the third week in a row amid evidence that seesawing financial markets are stifling the housing market. In the week ending May 29, 30-year fixed-rate mortgages ...