Following a major spike in inflation — the highest it's been in decades — the Federal Reserve last year elected to raise its federal funds rate to its highest point in 23 years in response. That ...
US mortgage refinancing surged last week by the most since the early days of the pandemic as borrowing costs continued to drift lower. The Mortgage Bankers Association’s refinancing index jumped 34.5% ...
Refinances rose to 26% of originations last month, though purchase activity is beginning typical seasonal decline Homeowners were quick to refinance in July, taking advantage of nearly a quarter-point ...
Mortgage refinance rates have been moderating in response to rising layoffs and worries about a potential economic downturn. Despite the recent dip in rates, experts don’t expect another refinancing ...
U.S. mortgage applications dropped 17% last week, marking the steepest decline since April 2020, driven by a sharp rise in interest rates. Refinancing activity plummeted 26%, as higher mortgage rates ...
Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly ...
Looking to buy a home or refinance your current one? Here are the mortgage purchase and refinance rates to know now.
US mortgage refinancing surged last week by the most since the early days of the pandemic as borrowing costs continued to drift lower. The Mortgage Bankers Association’s refinancing index jumped 34.5% ...
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