War in Iran pushes mortgage rates higher and stalls the U.S. housing rebound
War-driven inflation pushed mortgage rates higher and made buyers more hesitant just as spring inventory was set to move.
War-driven inflation pushed mortgage rates higher and made buyers more hesitant just as spring inventory was set to move.
Freddie Mac’s weekly survey put the 30-year fixed at 6.3%, up from 6.23% a week earlier.
The average 30-year fixed mortgage rate rose to 6.13 percent, the highest since April 14.
Mortgage rates kept falling nationally, with the average 30-year fixed at 6.23%, but Duluth rates stayed steady as limited housing options kept local conditions unchanged.
Mortgage rates kept sliding nationally, but Duluth lenders said local pricing stayed flat as tight housing supply limited relief for buyers.
Mortgage rates fell for a 3rd straight week nationally to 6.23%, but Duluth rates stayed flat as housing inventory remained tight.
Mortgage rates fell for a 3rd straight week, with the average 30-year fixed loan at 6.23% and buyers getting a short-term lift in the spring housing market.
Mortgage rates held near recent lows Friday, with the top-tier 30-year fixed rate at 6.32% for a seventh straight day.
Mortgage rates ended the week near recent lows, with the 30-year fixed at 6.32% and little day-to-day movement.
The Mortgage Bankers Association said purchase applications rose 10% and refinance demand climbed 6% as rates eased for a third straight week.
Mortgage rates slipped to 6.35%, and purchase applications rose 10% last week as buyers responded to lower borrowing costs and more inventory, the MBA said.
Mortgage rates fell to their best spring level in 3 years, and purchase applications rose 10%.