Mortgage refinancing surges nearly 20% as rates drop to five-month low
Mortgage applications rose 7.4% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.07%.
Source: marketwatch.com
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Mortgage rates will fall to 6% by 2025, but home-buying will remain subdued, report says
Economists broadly expect mortgage rates to fall, but a lack of inventory to stymie recovery in residential real-estate.
Source: marketwatch.com
Pineapple Financial Shares Rise 36%, Co. Introduces Simplified Mortgage Application
By Stephen Nakrosis Shares of Pineapple Financial were trading higher on the NYSE American Wednesday, after the company said it was introducing a new,...
Source: marketwatch.com
Mortgage rates will fall below 7% by April 2024, Realtor.com says
Realtor.com expects existing-home inventory to fall sharply by 14% over 2024, according to a new forecast.
Source: marketwatch.com
Mortgage Applications Rise to Highest Level in 6 Weeks
While applications rose, they remain 'at very low levels,' says Joel Kan, deputy chief economist at the Mortgage Bankers Association.
Source: marketwatch.com