Tag Archives: mortgage purchase applications

Rising prices, cooling demand: Interest rates hit a 6-month high

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For the first time since October, the monthly cost of buying a home increased, a consequence of the Iran war driving mortgage rates to a six-month high. Continue reading →

Median monthly housing payments see sharpest drop in almost 1 year

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The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12 percent on Tuesday. Continue reading →

Rising rates take toll on mortgage demand

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Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading →