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“Lower rates are good for home buyers who have been waiting for mortgage rates to come down,” said Lisa Sturtevant, chief economist at BrightMLS, in an emailed statement. “But if rates come ...
With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
Nonbank lenders continue to increase their grip on the mortgage landscape, taking prime spots among the U.S.'s top 10 mortgage originators. Of the largest mortgage lenders, just four were ...
Last week, mortgage applications fell 17%, according to the Mortgage Bankers Association (MBA). Year over year, the MBA refinance index was up 111% while the purchase index was only up 7%.
Last week was a hopeful one for interest rates. The average top tier 30yr fixed mortgage rate fell more than 0.20% from the previous week's highs as underlying markets took some solace in the ...
See how we rate mortgages to write unbiased product reviews. Mortgage rates have increased recently due to economic uncertainty. In March, 30-year mortgage rates averaged 6.45%, down slightly from ...
Mortgage rates have increased in recent months, even as the Federal Reserve cut rates three times in 2024. The rise corresponds to a rise in Treasury bond yields due largely to stubborn inflation ...