Mortgage Applications Fall For 2nd Time in 3 Weeks
Purchase and refinance loans both fell as mortgage rates increased across the board.
Purchase and refinance loans both fell as mortgage rates increased across the board.
Freddie Mac reports 30-year, fixed-rate mortgage falls to 6.09%.
Freddie Mac says lower rates are attracting more buyers to the market.
30-year fixed falls to 6.15%, lowest since September 2022.
Both purchase and refi applications spike as mortgage rates fell in second week of 2023.
After rising the previous week, the 30-year fixed mortgage fell to 6.33%.
The 30-year, fixed-rate mortgage rate dipped to 6.31%.
Both the purchase and refinance indexes rose last week despite a small increase in mortgage rates.
The 4-week decline is the largest since 2008.