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U.S. Mortgage Applications Rose in the August 28 Week
1+ week, 4+ day ago (476+ words) Haver Analytics U.S. Mortgage Applications Rose in the August 28 Week - Applications for loans to purchase rose and applications for loan refinancing declined in the latest week. - Interest rate on 30-year fixed-rate loans edged up 1bp to 6.98%. - Average loan size fell moderately in…...
Mortgage Rates Hit Three-Week High, Weakening Loan Demand
2+ week, 4+ day ago (338+ words) At SSBCrack News, our dedicated editorial team brings you the latest and most reliable updates on Defence, Geopolitics, Military Affairs, Science, and Technology. Driven by a passion for national security and strategic awareness, the SSBCrack News Desk delivers fact-checked, timely,…...
Mortgage rates hit highest level in 3 weeks, weakening demand further
2+ week, 4+ day ago (311+ words) Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract interest rate for…...
Cofix rises for 4th straight month, pushing variable mortgage rates higher
3+ week, 6+ day ago (202+ words) New-loan Cofix reaches 3.18%, up 0.13 percentage points from prior month The Cofix (Cost of Funds Index), the benchmark for variable-rate housing loans at South Korean banks, rose for the fourth consecutive month, putting further upward pressure on adjustable mortgage rates tied…...