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Mortgage Demand Hits Lowest Level Since July

Investopedia on MSN · 10m

Mortgage Demand Hits Lowest Level Since July Amid Higher Rates

A near 7% drop in mortgage application volume pushed loan demand to its lowest level since July. Mortgage rates remained unchanged this week but are still higher than the lows seen in September.

Hosted on MSN · 1h

Mortgage rates stay high, sapping home-buying demand

Applications for mortgages fell to the lowest level in three months as high rates weighed on home buyers. Activity as measured by the market composite index — a measure of mortgage application volume — was down in the past week,

Bloomberg L.P. · 2h

US Mortgage Activity Gauges Drop to Lowest Levels Since August

US mortgage applications for both home purchases and refinancing dropped last week to the lowest levels since August, hobbled by a recent surge in mortgage rates.

Reuters on MSN · 7h

PulteGroup beats profit estimates as lower mortgage rates boost housing demand

(Reuters) - U.S. homebuilder PulteGroup beat Wall Street estimates for third-quarter earnings on Tuesday, as declining fixed mortgage rates lured in skittish buyers to the market, while historically low housing supply kept demand strong.

Investopedia · 15h

Lower Mortgage Rate, But Higher Offer: Buying a House Is Still Hard

Even though mortgage rates have softened since last year, homebuyers are still paying over asking price to secure their dream home, which means the savings are null.

Mortgage Rates Today, Oct. 22

Business Insider on MSN · 3h

Today's Mortgage Rates, October 23, 2024 | Rates Dropped in September. Why Did They Rise This Month?

Mortgage rates for October 23, 2024, are around 6.35%, according to Zillow data. Rates have been elevated this month, and they may not drop in the near term. In 2025, mortgage rates should ease as inflation slows and the Fed lowers its benchmark rate.

Wall Street Journal · 1d

Mortgage Rates Today, Oct. 22: Median Rate Rises to 6.75%

As of Oct. 22, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.75%, which is 0.12 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.88%, which is 0.13 percentage points higher than yesterday.

Investopedia · 20h

Mortgage Refinance Rates Climb to New 2-Month High

With a third daily increase, 30-year mortgage refi rates have risen to their highest level since mid-August—rising up from the 19-month low registered in September.

1d

Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%

Thinking about taking out a mortgage loan? Current mortgage rates stay at 6.63% for 30-year terms, while 15-year terms ...

Mortgage News Daily17h

Mortgage Rates Much Steadier Today, But Still a Bit Higher

Mortgage rates jumped to their highest levels since late July yesterday. Underlying market movement wasn't readily ...

1d

Why mortgage rates are going up despite the Fed's interest rate cut

Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the ...

15h

The best mortgage lenders near Houston

The best mortgage lenders in Houston make your home-buying experience easier. Consult this list before choosing a lending ...

15h

Yes, Gas Was Cheaper and Mortgage Rates Were Lower in 2020

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17hon MSN

PennyMac Mortgage Q3 earnings bolstered by lower mortgage rates

PennyMac Mortgage Investment Trust (NYSE:PMT) posted Tuesday "outstanding" results for the third quarter of the year, said ...

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