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Mortgage Demand Hits Lowest Level Since July
Mortgage Demand Hits Lowest Level Since July Amid Higher Rates
Key Takeaways A near 7% drop in mortgage application volume sent demand to its lowest levels since July.Mortgage rates remained unchanged this week but are still higher than the lows seen in September.
Mortgage rates stay high, sapping home-buying demand
Applications for mortgages fell to the lowest level in three months as high rates weighed on home buyers. Activity as measured by the market composite index — a measure of mortgage application volume — was down in the past week,
US Mortgage Activity Gauges Drop to Lowest Levels Since August
US mortgage applications for both home purchases and refinancing dropped last week to the lowest levels since August, hobbled by a recent surge in mortgage rates.
PulteGroup beats profit estimates as lower mortgage rates boost housing demand
(Reuters) - U.S. homebuilder PulteGroup beat Wall Street estimates for third-quarter earnings on Tuesday, as declining fixed mortgage rates lured in skittish buyers to the market, while historically low housing supply kept demand strong.
Lower Mortgage Rate, But Higher Offer: Buying a House Is Still Hard
Even though mortgage rates have softened since last year, homebuyers are still paying over asking price to secure their dream home, which means the savings are null.
7h
Mortgage Rates Today, Oct. 23: Median Rate Rises to 6.88%
As of Oct. 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
59m
US home sales slowed in September to weakest annual pace in 14 years despite easing mortgage rates, more homes for sale
US home sales slowed in September to weakest annual pace in 14 years despite easing mortgage rates, more homes for sale ...
1d
Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%
Thinking about taking out a mortgage loan? Current mortgage rates stay at 6.63% for 30-year terms, while 15-year terms ...
22h
Mortgage Refinance Rates Climb to New 2-Month High
With a third daily increase, 30-year mortgage refi rates have risen to their highest level since mid-August—rising up from ...
Mortgage News Daily
19h
Mortgage Rates Much Steadier Today, But Still a Bit Higher
Mortgage rates jumped to their highest levels since late July yesterday. Underlying market movement wasn't readily ...
1d
Mortgage Rates Rise to a 2-Month High: Our Economist Explains What It Means for the Housing Market
The post Mortgage Rates Rise to a 2-Month High: Our Economist Explains What It Means for the Housing Market appeared first on ...
1d
Mortgage Refinance Rates Inch Up, Approaching 2-Month High
With a slight increase Friday, 30-year mortgage refi rates are near their highest level in two months, after hitting a ...
1d
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the ...
6d
Today’s 15- and 30-year mortgage interest rates remain unchanged at 5.75% and 6.50%, respectively
The median interest rate on a 30-year fixed-rate mortgage is 6.50% as of October 17, which is unchanged from yesterday.
23h
on MSN
Home Builder Stocks Drop. Higher Mortgage Rates Hurt.
The iShares U.S. Home Construction exchange-traded fund, which tracks builders and related companies, was down 2.6% shortly ...
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