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The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 6.79% from 6.88% Applications to refinance a home loan rose 7% last week compared with the ...
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
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Money Talks News on MSNHousing Market Cools As Inventory Surges 29% NationwideHome prices decline in nearly one-third of major US markets as inventory surges and mortgage rates remain elevated in the 6% range.
Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to ...
The only other instances when mortgage rates jumped by 50% or more over a 24-month period came between 1979 and 1981, coinciding with a pair of recessions marked by surging inflation and an ...
Mortgage rates surge to 21-year high. The 30-year fixed-rate mortgage averaged 7.09% over the week ending on Thursday. By Max Zahn. August 17, 2023, 2:28 PM. 1:06.
Mortgage rates have dropped for five weeks in a row. But will they continue to do so this July? Here's what to consider.
Refinance applications soared 35% last week in response to a sharp drop in mortgage rates, which are at their lowest levels in more than a year, but experts say the surge may not last.
The recent surge in mortgage rates was caused by a significant increase in the 10-year treasury rate, which followed the Federal Reserve’s decision to cut interest rates.
The average rate on a 30-year mortgage in the United States surged to 6.32 percent this week, adding pressure on home buyers facing sky-high prices and a limited supply of houses for sale.. The ...
Before last week the high for mortgage rates this year was 7.49%. The bond market has been volatile, but after the 10-year yield broke the 4.34% level, I am watching for the 4.63% level .
Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before, according to ...
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