August 27, 2025

Home loan applications

Mortgage

Home Loan Demand Declines Again as Mortgage Rates Remain Unchanged

Home loan applications decreased by 0.5% from a week earlier for the week ending Aug. 22, according to the Mortgage Bankers Association. This is the second straight week applications have been down. The consecutive week of loan applications declining comes after mortgage interest rates held steady. The average rate on a 30-year fixed home loan

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Mortgage

Home Loans Surge As Borrowers Take Advantage of Lower Rates

The demand to finance a home surged as mortgage applications increased 3.1% for the week ending August 1, according to the Mortgage Bankers Association. The increase comes after applications decreased 3.8% the week prior. In addition, mortgage interest rates remained fairly steady at 6.72% for a 30-year fixed mortgage, for the week ending July 31, according

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