Mortgage applications decreased 0.3% last week, but refinance activity rose 4% due to lower mortgage rates. The 30-year fixed rate dropped to 6.37%, encouraging more borrowers to refinance. AI Summary ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.67% from 6.77% The refinance share of mortgage activity increased to ...

Mortgage applications continued to rise last week, up 10.9% from one week earlier. That’s according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the ...

Mortgage refinance rates dipped slightly today, offering minor relief for homeowners looking to lock in lower payments before year-end. According to the Mortgage Research Center, the average 30-year ...

The number of people securing a home loan increased 10.9% for the week ending Aug. 8, according to the Mortgage Bankers Association. This marks the second week in a row the demand for mortgage ...

Homeowners are clearly looking for savings, even if it means taking on a riskier mortgage. Refinance demand, along with renewed demand for adjustable-rate loans, drove a sharp increase in overall ...