Mortgage demand falls 9% despite rates falling for fourth week in a row
The numbers: The housing market is not out of the woods yet, as mortgage demand fell again despite an improvement in rates. Despite mortgage rates dropping for the fourth consecutive week, mortgage demand fell 9% in the latest week. Demand for both purchases and refinancing fell. That pushed the market composite index down, a measure […]
Mortgage rates fall to lowest level since September 2022 and here’s how the Girl Scouts will keep women rolling in dough throughout their lives — beyond selling cookies
Hi, MarketWatchers. Don’t miss these top stories.Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost’ to housing market The 30-year mortgage rate is averaging at 6.15%, Freddie Mac said in its latest weekly survey on Thursday. Read More ‘I have $30K in my savings account’: I’m 56, divorced, unemployed and mother […]
US 30-year fixed mortgage rate could break 6%
The US housing market has rapidly stalled as mortgage rates surged but there’s a sliver of help on the way. Late yesterday, Mortgage News Daily reported that US 30-year fixed rates are down to 6.07%, which is the lowest since September. Give the falling long-end yields in the past two days, we should be seeing […]