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Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7% ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
Purchase applications declined to the slowest pace since May while refinance applications also took a nosedive.
To repeat a phrase from yesterday, yes, this is much ado about nothing. Top tier, conventional 30yr fixed rates are still orbiting 6.75% in a calm, narrow range in the bigger picture.
Explore current 15-year fixed mortgage rate trends and see today's rate. WSJ Barron's ... PMI is an added cost you’ll need to pay each month when you put less than 20% down on a conventional loan.
Today's average interest rate on a 30-year fixed-rate jumbo mortgage (a mortgage above 2025's conforming loan limit of $806,500 in most areas) climbed 0.10 percentage point from last week to 7.19%.
10-, 15- and 30-year fixed-term conventional loans, 30-year VA and FHA loans, custom mortgages with fixed-rate terms from 8 to 29 years. Credit needed 620 for conventional loans ...
It has undoubtedly been an extremely volatile week for financial markets and that includes the U.S. bond market to be sure.  As an example, the poster child for the U.S. bond market, the ...
While notable mortgage rate changes are unlikely this summer, other scenarios could still unfold. Trying to time the market perfectly is difficult and counterproductive, though.
The conventional wisdom about private mortgage insurance (PMI) has long been that borrowers should try to avoid it. PMI is a requirement for conventional mortgage borrowers who put down less than ...
In fact, the average 30-year rate now sits at nearly 7%, according to Freddie Mac — a far cry from the 6.08% rate we saw in early September as the Fed prepared for its first rate cut in years.
Looking ahead to June 2025, the interest rate for the average 30-year conventional fixed-rate mortgage held steady at 6.82%, which means borrowing costs remain elevated. LawrenceSawyer.