Mortgage applications saw healthy boost during sub-6% rate week

Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading

Lower mortgage rates fail to rekindle homebuyer interest

As mortgage rates continued to retreat from 2022 highs set during the first week in May, demand for purchase loans was essentially flat last week. Continue reading