Weekly mortgage demand pulls back, as interest rates rise for the first time in 9 weeks
Mortgage rates fell for the first time in nine weeks, causing a pullback in mortgage demand, especially refinancing.
HousingWire1d
Mortgage applications drop after weeks of growth
Overall, purchase application volume is up 6% compared to last year at this time, said MBA's chief economist Mike Fratantoni.
ConsumerAffairs14d
Lower mortgage rates drew more homebuyers last week
Two straight weeks of declining mortgage rates have awakened the housing market. In a significant shift for the mortgage market, loan applications surged b ...
What are usury laws and maximum interest rates?
Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There ...
NBC News15d
Weekly mortgage demand surges 20% higher after interest rates drop to the lowest since last year
Mortgage rates were clearly the culprit. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.73% from 6.88% ...
NBC 6 South Florida16d
Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.73% from 6.88%. Total mortgage application volume jumped 20.4% ...