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Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...
Last week, mortgage applications fell 17% ... In a competitive housing market with high demand, mortgage rates may rise, while rates may decrease in a slower market. Creditworthiness: Borrowers ...
The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, ...
The average rate on 30-year fixed home loans from Freddie Mac ticked down again to 6.84% for the week ending June 12.
30-year mortgage rates hit 6.89% this week Highest average rate since February Home loan costs rise as Treasury yields climb The ... the peak period of the year for home sales. Mortgage applications ...
However, the 30-year fixed rate mortgage is still 14 basis points lower than it was for the same week last year, the Freddie Mac survey reported.
"These higher mortgage rates dampened borrower demand, with both refinance and purchase applications posting declines last week." So far this year, the most popular mortgage product has moved in ...
Shelter costs rose by 0.3% month-over-month from April to May and 3.9% annually, according to the latest Consumer Price Index ...
Rates for home loans pressed higher for the third week in a row amid evidence that seesawing financial markets are stifling the housing market. In the week ending May 29, 30-year fixed-rate mortgages ...