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
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12 percent, nearly a full percentage point lower than January. Rates now have less room to come down. Continue reading
With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds. Continue reading