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A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out ...
Lower mortgage rates may motivate more people to buy houses, but it will take a bigger drop in borrowing costs to create more ...
Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers ...
After steadily declining in early July, mortgage refinance rates are back above 6.75% and are unlikely to shift dramatically ...
Instead of dealing with a high monthly payment on a 15-year mortgage, homeowners could make extra payments on a 30-year, Flores suggested. For instance, if the monthly mortgage payment was $2,000 a ...
June, rates on 30-year refinance loans moved lower Wednesday. Rate movement was mixed for other refi loan types.
With mortgage rates back on the incline, fewer homeowners can find a low enough interest rate to consider refinancing.
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments. Refinance activity declined 7% ...
Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.
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