Mortgage demand falls again as interest rates soar past 7%

A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest level since November 2023. Read More

Mortgage refinance applications surge as rates drop to 6-month low

Applications to refinance home loans jumped 19 percent last week as mortgage rates ... even as rates have decreased,” Fratantoni noted. For the latest news, weather, sports, and streaming ... Read More

Mortgage applications are down. Here's why buyers may want to act now.

New survey data shows that mortgage applications are down ... week despite slightly lower mortgage rates. The 30-year fixed rate edged lower to 6.93 percent, but that was not enough to stimulate ... Read More

Mortgage rates level off below 7%

Despite rate stability, the Mortgage Bankers Association (MBA) reports there was no increase in loan applications ... Mark Huffman has been a consumer news reporter for ConsumerAffairs since ... Read More

10-year refinance rates: What to know about the current market

While shorter terms usually equate to lower interest rates, current 10-year refinance rates — like borrowing rates for all consumer ... year mortgage are always higher than for a 15-, 20 ... Read More

With mortgage rates above 7 percent, here’s what home buyers should know

D emand for home loans may be increasing in Greater Boston, despite mortgage rates rising above 7 percent for the first time this year. Read More

What are today's mortgage and mortgage refinance interest rates?

That's good news for borrowers ... homeowners who want to refinance still have plenty of good options. Some of the top rates for either mortgage type are still as low as 6% today, but it's ... Read More

U.S Mortgage Rates Hit Five Percent Following Another Spike in Inflation

U.S mortgage rates hit 5%, impacting refinance activity ... from China, and news updates from Ukraine. On Monday, Q1 GDP numbers from China will set the tone. With over 20 years of experience ... Read More

How to Refinance Your Mortgage?

Trading in a higher-rate ... 20 percent equity in their homes, and a FICO credit score of 740 or better. But borrowers with scores as low as 620 can qualify for a Federal Housing Administration ... Read More

Should I refinance my mortgage in 2024?

Mortgage rates rose quickly in 2023, with the 30-year fixed rate average peaking just above 8 percent in October, according to Bankrate data. The 30-year average is closer to 7 percent now as the ... Read More