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the lowest rate measured by the Mortgage Brokers Association (MBA) since February 2023. Mortgage rates are down nearly three-quarters of a percentage point since July. The lower rates helped ...
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective ...
Homebuilders also noted a steep drop in demand in April, with sentiment among that group at the lowest level since the end of ...
The 15-year fixed rate fell to 5.89%, its lowest level since early May 2023. The drop followed a weaker-than-expected monthly employment report, which sent bond yields falling fast. Mortgage rates ...
as the number of home buyers scaled back in the face of high mortgage rates. New-home sales were at the lowest level since November 2023. Sales of newly built homes fell 11.3% to an annual rate of ...
Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage ...
Home sales fell to their lowest annual level for March since 2009 ... of the pandemic — and elevated mortgage rates. Mortgage rates rose to 7.8 percent in 2023 — after having fallen to ...
Pradhan adds that only about 12% of mortgage loans have a rate of 6% or more, many of which were originated in 2023 and 2024 ... just under $290,000, the lowest level in three months.” ...
Here’s a real-time look at mortgage rates, updated daily, to give you insight into borrowing costs. This page is updated each day, so be sure to check back regularly since mortgage rates change ...