Tagged: mortgage rates

NMP poll also shows pessimism about profits and refinancing business.

As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.

Redfin found that a record share of homebuyers are relocating as high prices and mortgage rates make affordable areas more attractive.

Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to loom.