Tag Archives: conforming mortgage

Demand for mortgages wanes as rates plateau near 2023 highs

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A decrease in applications for FHA loans popular with first-time homebuyers helped push the average purchase loan application to $432,700, according to the latest MBA lender survey. Continue reading →

Homebuyers flinch as mortgage rates ascend toward 2023 highs

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Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries. Continue reading →