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The History Of The Mortgage Rate
Financial Markets
Mortgage rate lock volume remained flat in October amid headwinds
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in the face of the highest mortgage rates in over […]
Housing Wire
A sub-7% mortgage rate brings holiday cheer
The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate […]
Mortage News
30-Year Rate Rises To 6.81%, Says Freddie Mac, As July’s Mortgage Heat Wave Sizzles On
Mortgage rates have climbed closer to 7% again this week, as July’s sustained high rates week after week have made it 2023’s roughest month for home buyers. The average 30-year fixed-rate mortgage rose to 6.81% for the […]