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Mortgage Applications Down As Interest Rates Rise - Latest News


Weekly mortgage applications jump to highest level in over a month, as borrowers worry that lower rates may be over

Mortgage application ... when interest rates were 114 basis points higher. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350 or less) ... read more

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Mortgage rates rise again as recession fears abate

The interest rate for a ... “The modest uptick in mortgage rates over the last two months reflects declining recession fears and a more sanguine outlook for the global economy,” said Sam Khater, ... read more

US long-term mortgage rates rise; 30-year at 3.75%

The Fed, which cut its short-term interest rate two weeks ago, is likely to keep rates unchanged in the coming months, unless there was a “material” shift in the economy’s outlook, Powell said. The ... read more

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Mortgage Applications Fell Sharply Last Week as Rates Jumped

He adds that “Low mortgage rates continue to fuel buyer interest, but supply and affordability challenges persist.” The refinance share of mortgage activity decreased to 58.5% of total applications, ... read more


Mortgage Applications, Refinances Down As Interest Rates Rise

according to the Mortgage Bankers Association. Refinancing dipped 15% from last week, while purchase applications dipped just 3%. Interest rates on 30-year fixed-rate mortgages have jumped 0.20% in ... read more

New Mortgage Loans Fall as Loan Rates Rise

The Mortgage Bankers Association ... it backed down again in response to the rise in rates. However, this spring’s lower borrowing costs, coupled with the strong job market, continue to push purchase ... read more

Mortgage Applications Rise 2 Pct As Home Loan Costs Fall

The rise is the result of interest rates on 30-year, fixed-rate “conforming ... rising interest rates were taking a toll on the number of new home mortgages, with applications down 25 percent year ... read more

Home loan applications rise as wealthier shoppers hunt for more expensive houses

Mortgage interest ... jump in loan applications to purchase a home. They rose 4 percent for the week and were 2 percent higher than a year ago. Buyers last year were up against high home prices and ... read more

U.S. Mortgage Applications Rise as Loan Rates Fall: MBA

(Reuters) - U.S. mortgage applications climbed last week ... increased 1.3% to 518.7 in the week ended June 21, propelled by a 3.2% rise in refinancing activity. Interest rates on 30-year fixed-rate ... read more

MBA: Mortgage Applications Rise 5.3%

The refinance share of mortgage activity fell to 40.4% of total applications, down from 41.7% the previous week ... The average contract interest rate for 30-year fixed-rate mortgages with conforming ... read more

Rising Interest Rates And The Changing Mortgage Market

Mortgage applications for new homes are down 25 percent year over year ... a difference of tens of thousands of dollars’ worth of interest payments over the life of the loan. But with rates set to ... read more

Mortgage applications rise 2%, but buyers seem unimpressed by lower rates

Mortgage applications to purchase a home rose just 1 percent for the week and were 0.2 percent higher than a year ago. Mortgage interest rates are still 89 basis points higher than a year ago and home ... read more



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