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Mortgage rates dive on reports of worsening U.S. economy: ‘We are seeing a lot of interest in refinances’

Mortgage rates are taking a deep dive as financial markets try to make sense of reports of a worsening labor market in America. The average rate on a 30-year mortgage fell to the lowest level in ...
HousingWire

Mortgage applications take a dive as rates tick back up

This week’s data paints a different picture compared to last week’s bump up in refinance volume and applications. On an unadjusted basis, the index decreased 13% compared with the previous week. The ...
Morningstar

Homeowners dash to refinance as mortgage rates dive - with some home buyers coming off the sidelines

'The downward rate movement spurred the strongest week of borrower demand since 2022,' industry group says The 30-year mortgage rate is at the lowest level since October 2024. Mortgage rates fell as ...
Reuters

Fed seen resuming rate cuts in June as consumer confidence takes a dive

Feb 25 (Reuters) - The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September, traders bet on Tuesday as they took on board ...
Morningstar

Mortgage rates dive on reports of worsening U.S. economy: 'We are seeing a lot of interest in refinances'

One housing economist says the 30-year mortgage rate will drop below 6% if next month's jobs report is also negative The 30-year mortgage rate fell sharply over the last few days on the back of ...