The numbers: Mortgage rates remain above 7%, slowing demand for refinancing and dragging overall mortgage demand down for the seventh week in a row. Mortgage applications fell 0.1% this week, Read more
Tag: mortgageapplications
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
Mortgage applications fall to the lowest pace in 25 years in latest week
The numbers: A surge in mortgage rates, and evacuations due to Hurricane Ian, both seriously dampened demand for home purchases and refinances. Rates are inching even closer to 7%, and Read more
Mortgage applications fall to the lowest pace in 25 years in latest week
The numbers: A surge in mortgage rates, and evacuations due to Hurricane Ian, both seriously dampened demand for home purchases and refinances. Rates are inching even closer to 7%, and Read more