The national median mortgage payment during April was $2,112, an 11.8% spike from $1,889 in April 2022.
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Mortgage Rates Go Up, Up and Away
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 rates hold steady ahead of jobs report
Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, […]
Weely Real Estate News
Mortgage Rates Fall Further Away From 7%
Mortgage rates continued to leave the 7% in the rearview mirror, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last […]