Tag: mortgage
Mortgage rates drop after CPI inflation report
A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida.Getty ImagesThe average rate on the 30-year fixed mort [...]
US 30-year fixed mortgage rate falls to 6.33% vs 6.49% a week earlier
After rising well-above 7%, US mortgage rates are trending lower along with bond yields. Freddie Mac's latest data puts rates at 6.33% from 6.49% and [...]
Mortgage demand falls again even as interest rates sink further
A "For Sale" sign in front of a home in Sacramento, California, on Monday, Dec. 5, 2022.David Paul Morris | Bloomberg | Getty ImagesLower mortgage rat [...]
US MBA mortgage applications w.e. 2 December -1.9% vs -0.8% prior
Prior -0.8%Market index 204.2 vs 208.1 priorPurchase index 175.5 vs 181.0 priorRefinance index 340.8 vs 325.5 prior30-year mortgage rate 6.41% vs 6.49 [...]
Mortgage rates fall for the third straight week, but demand still drops further
A For Sale sign appears in front of a house on Oak Street in Patchogue, New York, on May 17, 2022.Steve Pfost | Newsday | Getty ImagesMortgage rates s [...]
US MBA mortgage applications w.e. 25 November -0.8% vs +2.2% prior
Prior +2.2%Market index 208.1 vs 209.8 priorPurchase index 181.0 vs 174.4 priorRefinance index 325.5 vs 373.6 prior30-year mortgage rate 6.49% vs 6.67 [...]
US Mortgage Rates Fall for a Second Week but Remain Elevated at 6.58%
In the week ending November 24, mortgage rates fell for a second consecutive week. 30-year fixed mortgage rates slipped by 0.03% to 6.58%, following a [...]
Mortgage demand rises as interest rates decline slightly
Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage B [...]
Freddie Mac reports that the 30 year fixed-rate mortgage fell to 6.58%
Freddie Mac is reporting that the 30 year mortgage rate dipped to 6.58% from 6.61% last week. That is down 50 basis points from the peak reached durin [...]
US MBA mortgage applications w.e. 18 November +2.2% vs +2.7% prior
Prior +2.7%Market index 209.8 vs 205.2 priorPurchase index 174.4 vs 169.7 priorRefinance index 373.6 vs 367.1 prior30-year mortgage rate 6.67% vs 6.90 [...]
How to afford a mortgage as interest rates and home prices rise
It's no secret that it's a tough market for prospective home buyers.In October, U.S. buyers needed to earn $107,281 to afford the median monthly mortg [...]
Sharp drop in mortgage rates does little to boost demand
A home for sale in the Mission Hills area of Los Angeles Tuesday, Oct. 11, 2022 in Mission Hills, CA.Brian Van Der Brug | Los Angeles Times | Getty Im [...]
Mortgage rates fall sharply to under 7% after inflation eases
A 'For Sale' sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida.Joe Raedle | Getty ImagesMortgage rates fell sh [...]
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
“People are already incentivized to use their crypto to invest in real estate; the problem is that until now they have never had the ability to,” co-f [...]
Mortgage applications fall 14% as higher rates, Hurricane Ian crush demand
A sign points toward an Open House in Alhambra, California on May 4, 2022.Frederic J. Brown | AFP | Getty ImagesThe highest mortgage rates in more tha [...]