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Mortgage rates drop to 2-month low—an unexpected holiday gift to housingMortgage rates are falling sharply, as investors head to the relative safe-haven of the bond market. The average rate on the 30-year fixed has fallen 21 basis points in the past week to 4.73 percent today, according to Mortgage News Daily. 2month compared to 30years ... it’s like 5mjns of break in a 18 hours of general labor job Or signs of a crash “lowan” ?
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage applications rise 1.6% as interest rates drop to lowest level since SeptemberDecember may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. Another data point against CNBC's recession narrative Venus fly-trap...lure them in with that succulent rate then in 2 years when their home values drop shut the trap.
Source: CNBC - 🏆 12. / 72 Read more »
Mortgage rates hit a 3-month low with home buyers biding their timeRates for home loans fell, marking two straight months of declines, and may have farther to go, which would help support housing market activity.
Source: MarketWatch - 🏆 3. / 97 Read more »
Mortgage rates stay subdued, bringing relief to slumping housing marketRates for home loans were unchanged at recent lows, helping bolster the housing market’s comeback case.
Source: MarketWatch - 🏆 3. / 97 Read more »