“Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Chief Economist Sam Khater,
The post Mortgage Rates Drop Again appeared first on Weekly Real Estate News.
Mortgage Rates Drop Again
Housing Wire
Mortgage rates stay put this week
Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell’s latest comments on rate hikes. To sum it up: a very strong labor market remains the main driver behind the Fed’s rate setting […]
Housing Wire
A refi wave is years away as mortgage rates settle at 7%
With mortgage rates surging to the 7% mark, industry observers believe that a new refi wave won’t return for several years. Lenders have started to prepare their businesses for at least two more years of […]
Housing Wire
Mortgage applications fall despite declining mortgage rates
Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. Total home loan applications decreased by 1.5% for the week ending Dec. 15 compared to the […]