Macroeconomic factors kept the mortgage market relatively low for much of 2021. In particular, the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic ...
Rewinding further, the 30-year average notched a high 7.37% last spring, so today's rates are significantly improved vs. 10 months ago. They're also nearly 1.38 percentage points cheaper than the ...
Mortgage applications declined for the second consecutive week as refinancing activity weakened, even though the 30-year interest rate for conforming loan balances decreased to its lowest level since ...