Mortgage applications decreased 0.3% last week, but refinance activity rose 4% due to lower mortgage rates. The 30-year fixed rate dropped to 6.37%, encouraging more borrowers to refinance. AI Summary ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased last week to 6.37% from 6.42%. ARM applications increased 16% over the ...
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Weekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.67% from 6.77% The refinance share of mortgage activity increased to ...
Mortgage applications continued to rise last week, up 10.9% from one week earlier. That’s according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the ...
Mortgage refinance rates dipped slightly today, offering minor relief for homeowners looking to lock in lower payments before year-end. According to the Mortgage Research Center, the average 30-year ...
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