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Refinance Applications

All articles tagged with #refinance applications

business4 months ago•2 min saved

Mortgage Demand Declines Despite Lower Rates Amid Refinance Surge

Mortgage demand from homebuyers decreased slightly after four weeks of gains, despite a small drop in mortgage rates to their lowest since April. Refinance applications increased modestly, especially for FHA and VA loans, while purchase applications declined by 3%, mainly due to affordability issues amid higher home prices. Overall, mortgage activity remains subdued, with upcoming economic reports likely to influence rates further.

via CNBC|

#business #homebuyers #housing-market

business5 months ago•2 min saved

US 30-Year Mortgage Rates Drop, Refi Applications Surge

The US 30-year mortgage rate dropped to 6.67%, the lowest since April, leading to a 23% surge in refinance applications but only a 1% increase in home purchase applications, amid ongoing economic concerns and potential Federal Reserve rate cuts.

via Yahoo Finance|

#business #federal-reserve #homebuyers

business6 months ago•1 min saved

Mortgage Demand Stabilizes Amid Rising Rates and Slower Sales

Mortgage rates increased to a four-week high, but overall mortgage demand remained flat with a slight weekly increase in applications, though refinance activity declined. Purchase loan amounts have fallen to their lowest since January 2025, reflecting cautious borrowing amid high rates, while market sentiment was influenced by political and economic developments.

via CNBC|

#business #home-purchase-loans #interest-rates