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Americans rush to refinance their homes as mortgage rates change
Newsweek· 3 days agoHomeowners moved to refinance their homes in substantial numbers for the week ending June 7 after a...
A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
CNBC· 3 days agoMortgage rates dropped for much of last week, causing total mortgage application volume to surge...
US Home-Purchase Applications Rise for First Time in Five Weeks
Bloomberg· 3 days agoHave a confidential tip for our reporters? Mortgage applications for home purchases in the US rose...
This is when you can expect mortgage rates to go down — and why you should buy before a recession...
NY Post via Yahoo Finance· 5 days agoToday, the median monthly mortgage payment on a new home stands at $2,256, about 7% higher than last...
Buyers Turn To New Construction As Inventory Lags
National Mortgage Professional· 2 days agoNewly-built homes are selling at their strongest pace since Oct. 2023 and purchase applications are also on the up-and-up. Mortgage applications for new...
VA issues temporary fix to allow buyer-paid broker fees
HousingWire via Yahoo Finance· 4 days agoTrade groups, which previously voiced concerns that VA borrowers would be disadvantaged amid the NAR...
Mortgage rates dip below 7%, but meaningful declines are still months away
Yahoo Finance via AOL· 2 days agoStewart Sutton via Getty Images A brief surge in mortgage applications Financing demand surged 16%...
Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
Associated Press Finance via Yahoo Finance· 2 days agoMortgage rates eased again this week, though the latest pullback leaves the average rate on a...
Commercial real estate bargain hunters are snagging offices for ‘extreme’ discounts up to 70%
Fortune via AOL· 2 days agoAnother one of the most damning figures that illustrates the doom headed for commercial real estate...
Looking For Change Under Every Couch?
National Mortgage Professional· 5 days agoWhen conducting business reviews, lenders must take into account the huge increase in costs which the Mortgage Bankers Association (MBA ...