Mortgage Rates Inch Up. ‘Homebuyers Are Waiting for Rates To Decrease More Significantly,’ Freddie Mac Says.

The 30-year mortgage rate is averaging at 6.48%, Freddie Mac said in its latest weekly survey on Thursday.
The post Mortgage Rates Inch Up. ‘Homebuyers Are Waiting for Rates To Decrease More Significantly,’ Freddie Mac Says. appeared first on Real Estate News & Insights | realtor.com®.

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 
The post MBA: Mortgage applications rebound on lower rates  appeared first on Atlanta Agent Magazine.

30-year fixed tops 6% for first time since 2008 in latest MBA survey 

Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. 
The post 30-year fixed tops 6% for first time since 2008 in latest MBA survey  appeared first on Atlanta Agent Magazine.

‘Shock to the System’: Higher Mortgage Rates Slam the Brakes on the Housing Market

Mortgage rates, which climbed past 6% last week, are likely to force many homebuyers to put their dreams on hold. 
The post ‘Shock to the System’: Higher Mortgage Rates Slam the Brakes on the Housing Market appeared first on Real Estate News & Insights | realtor.com®.

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