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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
In an era of higher-than-normal inflation and 7% mortgage rates, a small group of homeowners are finding relief in 15-year ...
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it ...
UWM Holdings (UWMC) emerged as the top mortgage lender of 2024, originating $139.72B in funded mortgage loans, a recent ...
But in 2023 the average rate on a 30-year fixed mortgage was 6.8%, its highest in 22 years. Last year it was only slightly ...
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
FHFA director refers Sen. Adam Schiff to DOJ for alleged mortgage fraud, citing documents on Maryland and California properties for favorable loan terms.
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments. Refinance activity declined 7% ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
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