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(Photo illustration by The Real Deal with Getty)
National

Mortgage applications decline even as rates fall again

Mortgage applications continued their downward swing last week, but lower rates are sparking activity in the refinancing market. Applications...

Mortgage applications decline even as rates fall again
(Photo Illustration by Steven Dilakian for The Real Deal with Getty)
National

Borrowers are back: Mortgage applications rise

For months, mortgage rates rose with no end in sight, and potential homebuyers backed off. Now the reverse is...

Borrowers are back: Mortgage applications rise
(Illustration by The Real Deal with Getty)
National

Mortgage rates climb to 15-year high

Mortgage rates hit their highest level in 15 years, continuing a surge that’s likely no longer a big surprise in the market, but not any less painful. The average 30-year fixed mortgage rate reached...

Mortgage rates climb to 15-year high
(Photo Illustration by The Real Deal with Getty Images)
National

Mortgage rates hit 14-year high

Mortgage rates hit yet another new high and may continue to rise as the Federal Reserve looks to tackle inflation. The average rate on a 30-year fixed mortgage hit 5.89 percent this week, according...

Mortgage rates hit 14-year high
(Illustration by Kevin Rebong for The Real Deal with Getty)
National

Mortgage demand drops to turn-of-the-century levels

Home loan, anyone? Mortgages are selling like ice cubes in Antarctica, and the numbers seem to get worse every...

Mortgage demand drops to turn-of-the-century levels
LoanDepot's Anthony Hsieh (iStock, LoanDepot)
National

LoanDepot laying off thousands

Another lender is resorting to layoffs as the mortgage market shrivels. Tucked in near the end of a business plan released Tuesday morning, loanDepot announced it would shed 4,800 people, or 42 percent of...

LoanDepot laying off thousands
(iStock)
National

Mortgage rates falling back toward 5%

Suddenly, a 5.3 percent mortgage seems low. That was the average rate on a 30-year, fixed-rate mortgage this week, the Wall Street Journal reported. The average rate was a significant drop from last week,...

Mortgage rates falling back toward 5%
Mortgage Bankers Association's Joel Kan (LinkedIn, iStock)
National

Mortgage demand at lowest level in 22 years

To find the last time mortgage demand was this low, you’d have to put on your Y2K glasses. For the week ending June 3, the Mortgage Bankers Association’s index measuring mortgage loan application volume...

Mortgage demand at lowest level in 22 years
Mortgage rates surge, capping fastest rise since 1994
National

Mortgage rates surge, capping fastest rise since 1994

Mortgage rates last week jumped to their highest level in more than three years, which could bring the housing...

Mortgage rates surge, capping fastest rise since 1994
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