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Buying a new home becomes even more expensive for borrowers
KOLD News 13 Tuscon· 1 week agoThe average rate on a 30-year mortgage climbed this week to its highest level in more than five...
MBA: Mortgage Applications Increased in Weekly Survey
Calculated Risk· 3 days agoThe Market Composite Index, a measure of mortgage loan application volume, increased 2.6 percent on a seasonally adjusted basis from one week earlier. On ...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 1 week agoThe last time there was this much seller activity in one week was July 2022. Despite the increase in...
Mortgage applications tick up as interest rates ease: MBA - HousingWire
HousingWire· 2 days agoAccording to the MBA, the average 30-year conventional rate dropped to 7.18% as of May 3 while the average rate for Federal Housing Administration ...
Federal Reserve Declines to Cut Interest Rates, Cites Continued Inflation - Banker & Tradesman
Banker & Tradesman· 1 week agoAs expected, the Federal Reserve did not reduce the benchmark lending rate at its meeting yesterday,...
Housing Market 2024: 6 Factors To Consider Before Selling Your Home
GOBankingRates via Yahoo Finance· 2 weeks agoSo you're thinking of selling your home, but you're not sold on the idea just yet. Maybe the size of...
Average monthly mortgage payment
Bankrate via Yahoo Finance· 2 days agoYear Median monthly mortgage payment Median new home sale price* ...Census Bureau and U.S. Department of Housing and Urban Development, Bankrate’s weekly...
U.S. 30-year mortgage rate falls for first time since March
The Day· 2 days agoU.S. mortgage rates fell for the first time since late March, giving some relief to homebuyers and lifting applications for purchases and refinancing. The contract rate on a 30-year ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 1 week ago"One notable trend is that the ARM share has reached its highest level for the year at 7.8 percent,"...
Mortgage demand continues to fall as rates soar
HousingWire via Yahoo Finance· 1 week agoNo doubt, this is a headwind for the housing and mortgage markets, with the 30-year fixed mortgage rate increasing to 7.29% last week ...