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So far this year, average mortgage rates have stayed stubbornly high, bouncing between 6.5% and 7%, as financial markets weigh the risks of both higher inflation and an economic slowdown. Most ...
The rate on a 30-year fixed refinance increased to 6.84% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.72%, and for 20-year mortgages, ...
Purchase applications declined to the slowest pace since May while refinance applications also took a nosedive.
Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.
A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
Ankit Bagadia on The Money Show decodes education loans, highlighting competitive interest rates (9.5%-12%), flexible ...
Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ...
Applications to purchase a home dropped 12% week-over-week, according to the Mortgage Bankers Association (MBA) on Wednesday.
Rates for new 30-year loans continue to bob around a bit above the low reached two weeks ago. Rates for several other loan types are also wavering.
Marginal Cost of Funds-based Lending Rate (MCLR) is used to evaluate the interest rates on various loans. It replaced the base rate system in 2016 ...
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