Mortgage applications decreased 0.3% last week, but refinance activity rose 4% due to lower mortgage rates. The 30-year fixed rate dropped to 6.37%, encouraging more borrowers to refinance. AI Summary ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased last week to 6.37% from 6.42%. ARM applications increased 16% over the ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.67% from 6.77% The refinance share of mortgage activity increased to ...

Mortgage applications continued to rise last week, up 10.9% from one week earlier. That’s according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the ...

The number of people securing a home loan increased 10.9% for the week ending Aug. 8, according to the Mortgage Bankers Association. This marks the second week in a row the demand for mortgage ...

Mortgage refinance rates dipped slightly today, offering minor relief for homeowners looking to lock in lower payments before year-end. According to the Mortgage Research Center, the average 30-year ...

Homeowners are clearly looking for savings, even if it means taking on a riskier mortgage. Refinance demand, along with renewed demand for adjustable-rate loans, drove a sharp increase in overall ...