The 30-year mortgage rate is averaging at 6.48%, Freddie Mac said in its latest weekly survey on Thursday.
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Category: mortgage applications
Mortgage Demand Falls in December to the Lowest Level Since 1996
Mortgage applications fell 13.2% in the latest week, the Mortgage Bankers Association said.
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MBA: Mortgage applications rise in latest weekly survey
The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said.
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Mortgage applications rise as home supply sees record increases
That wasn’t the only good news as the end of the month neared.
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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.
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Mortgage payments up 15% since mid-August
Market volatility is causing more and more homebuyers to delay or cancel plans to make a purchase.
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Sellers lose the upper hand as mortgage rates rise
The housing market is starting to become more balanced.
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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.
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Homes now selling below asking price
Mortgage applications, pending sales, new listings and overall inventory saw large declines in August.
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‘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.
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