Eclipsing the 3% mark for the first time since April, fixed-rate mortgages hit 3.05% this week, with inflationary pressure building due to lingering pandemic issues, and a constricting monetary policy.
Read More »Increase in Purchase Apps Offsets Decline in Refis
Mortgage application volume held steady week-over-week according to a new report, as a slight drop in refis was countered by a rise in home purchases.
Read More »Slight Rise in Rates Forces Decline in Mortgage Apps
As mortgage rates edge above the 3% mark, borrower incentive to refinance is waning.
Read More »Mortgage Rates Finally Eclipse the 3% Mark
Rates have inched higher and higher over the past few weeks, finally moving past the 3% mark for the first time since late May.
Read More »Mortgage Rates Dip and Continue to Hover Below the 3% Mark
With mortgage rates still in refi-friendly territory, dropping week-over-week, according to Freddie Mac’s weekly report.
Read More »Purchase Apps Hit Five-Month High
Mortgage application volume rose slightly over last week, driven by a five-month high in purchase volume hot lows last seen in July.
Read More »Mixed Jobs Reports Stabilizes Mortgage Rates
Freddie Mac reports mortgage rates leveling off as COVID variants have led to weaker employment, a drop-off in spending, and declining consumer confidence.
Read More »Despite Rise in Inventory, Mortgage Application Volume Declines
Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.
Read More »Prospective Buyers Find Promise in Low Rates and Uptick in Supply
Freddie Mac reports that rates are stabilizing, along with a modest improvement in the nation’s housing supply, as more homebuyers are poised to take advantage of these still-record-low rates.
Read More »Mortgage Apps Continue to Ride the Refi Wave
Economic uncertainty and a rise in Delta variant cases has kept mortgage rates low over the past month, with refinance volume wavering, yet continuing to outpace purchase apps.
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