Consistently rising mortgage rates are forcing many refi borrowers to reconsider, as refinance activity is down 66% year-over-year according to the MBA.
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Affordability Challenges Continue to Haunt Homebuyers
Housing affordability is on the decline for the third consecutive month, continuing to walk the fine line between supply and material issues and overall demand.
Read More »Mortgage Rates Continue a Downward Spiral
As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.
Read More »Mortgage Apps Continue to See-Saw
The up again/down again world of mortgage applications continued this week, dropping after a week of upticks.
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