WASHINGTON, Oct. 28, 2026 — Mortgage applications increased 3.4% last week as borrowing rates eased for a second consecutive week, but the rebound did little to erase the housing market’s steep year-over-year decline in purchase and refinance demand. The...
Mortgage applications fell another 2.7% last week as higher borrowing costs continued to squeeze homebuyers and borrowers seeking to refinance, according to the Mortgage Bankers Association’s October 14 survey. Adjustable-rate loans accounted for 10.5% of...
Federal Reserve Vice Chair for Supervision Michelle Bowman said Wednesday that policymakers need not rush into another interest-rate increase following September’s move, adding a note of caution to a debate that has become increasingly important for mortgage...
Mortgage rates opened the week around the 7% threshold, keeping housing affordability under renewed pressure just days after the Federal Reserve raised its benchmark rate and signaled that inflation remains the central obstacle to easier financial conditions. Daily...
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
Real–RE/MAX Merger Delivers $728 Million Revenue but $67 Million Quarterly …
