The U.S. mortgage rates have seen a slight decline this week, but not enough to significantly drive up the demand.
According to a report from the Mortgage Bankers Association (MBA), the contract rate on a 30-year fixed-rate mortgage came down from 7.02% to 6.94% this week, the first time it...
The Mortgage Bankers Association’s (MBA) refinancing index rose 34.5% to 889.3, the highest level since the height of the pandemic in 2020. For the week ended August 9, mortgage applications for purchasing a home rose by 2.8%, the highest level since the first week of June.
MBA reported that its 30-year...
With bitterly cold weather affected many regions of the United States from the early stages of January and February, the sale of new homes across the United States has undergone a significant plunge. But while most heavily affected, the housing market was not the only sector of the U.S....