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Last week we saw an actual decline in inventory week to week, which is rare for this time of year compared to recent years.
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in ...
Jumbo 30-year mortgage rates added 3 basis points Thursday, edging up to 6.80% on average. That's a bit above July 1's 6.74% reading, the lowest level for jumbo 30-year loans since March. Today's ...
This is the third week in a row that rates have come down. The latest average rate on a 30-year mortgage is now just above ...
For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers ...
A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
The Mortgage Bankers Association says 7.7% of applications last week were for adjustable-rate mortgages. Borrowers aren't exactly clamoring for them, but ARMs usually get more popular when rates ...
House prices have seen their biggest monthly rise of the year so far, according to Halifax, as mortgage rates keep falling ...
Amid what has been described as one of the most 'calm' periods for rates in recent memory, mortgage applications increased 1.1% for the week ending June 20.
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