Applications to refinance fell 41 percent from a year ago as rates increased for the third week in a row, according to The Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
Source: Inman News
Drop in demand for mortgage refinancing hints at what’s to come
Published in Joel Kan, Markets & Economy, Mortgage, mortgage bankers association and mortgage rates
More from Joel KanMore posts in Joel Kan »
- Homebuying off to strongest November start since 2022
- Demand for mortgages cools as rates rebound from 2025 low
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- Boomers may experience these brutal surprises when they move
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
More from MortgageMore posts in Mortgage »
- Fallout over Fed policymakers’ investments reshaping the board
- 8 reasons you should never recommend a 50-year mortgage
- Boomers may experience these brutal surprises when they move
- Are 50-year mortgages an affordability fix or a time bomb?
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
More from mortgage bankers associationMore posts in mortgage bankers association »
More from mortgage ratesMore posts in mortgage rates »
- Fallout over Fed policymakers’ investments reshaping the board
- NAR economist predicts post-shutdown real estate ‘boom’
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
Be First to Comment