Mortgage demand jumps

Mortgage demand jumps as rates drop
A drop in mortgage rates for the first time in two months has sparked a surge in home purchase applications, breathing new life into the stagnant housing market.
30-Year Mortgage Rates Holding Near Two-Week Low
Rates on new 30-year home loans held their ground at a slightly lower level Tuesday, after sinking dramatically Monday. Movement was mixed for other loan types.
Today's Mortgage Rates | Rates Hold Steady. When Will They Finally Drop?
These are today's mortgage and refinance rates. Mortgage rates have held relatively steady this month, and where they go next depends on the economy.
Mortgage Rates Today, Nov. 20: Median Rate Drops to 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage
Current Mortgage Rates: November 27, 2024
Freddie Mac’s benchmark rate for a 30-year mortgage averaged 6.81% for the week ending November 28, a decrease of just 0.03 percentage points over the past 6 days.
The 30-Year Fixed-Rate Mortgage Inches Down
The 30-year fixed-rate mortgage moved down this week, but not by much,” said Sam Khater, Freddie Mac’s Chief Economist. “Rates have been relatively flat over the last few weeks as the market waits for more clarity on specific economic policies.
Mortgage rates edge down, 30-year slides below 7%
The 30-year fixed mortgages in this week’s survey had an average total of 0.26 discount and origination points. Discount points are a way for you to reduce your mortgage rate, while origination points are fees lenders charge to create,

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