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The numbers: Applications for mortgages inched up as mortgage rates fell for the sixth week in a row. The 30-year fell to the lowest level since February 2023 ahead of a highly anticipated rate ...
That’s down substantially from last week’s average of 6.73% and marks the lowest level since May 2023. This week’s drop was the biggest since late December. Mortgage rates have steadily ...
Earlier this week, mortgage rates fell to their lowest level since April 2023. This drop in rates led to an increase in mortgage applications, particularly a surge in refinance applications.
The average rate on a 30-year mortgage in the US edged closer to 6% this week to its lowest level since early February 2023. The rate ... Mortgage rates are influenced by several factors ...
Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower and boosted Wall Street's expectations for an interest rate cut from the ...
After shooting to a one-year high two weeks ago, 30-year mortgage rates have fallen six of the last eight days and are now ...
It marked the lowest level for interest rates since May 2023. "Mortgage rates decreased across the board last week," said Joel Kan, MBA's deputy chief economist. He said the decline follows ...
US mortgage rates fell again last week to the lowest level since April 2023, spurring a modest pickup in applications to buy a home. The contract rate on a 30-year fixed mortgage eased for a ...