Today: 24. Nov, 2024
Mortgage demand took a hit as interest rates sharply rose, causing both homebuyers and homeowners to hesitate. According to the Mortgage Bankers Association’s seasonally adjusted index, the total mortgage application volume fell 5.1% last week compared to the previous week, reflecting the…
The Federal Reserve’s recent rate cut has spurred excitement among homeowners looking to refinance their mortgages. However, not everyone will be able to capitalize on these lower rates. While refinance activity has increased, lenders may still deny applications based on various factors.…
Buyers and sellers keenly observe fluctuating mortgage rates as the spring housing market unfolds. With the Federal Reserve’s decisions hanging in the balance, the real estate landscape this season is heavily influenced by the uncertainty of interest rates. According to Freddie Mac,…
