Mortgage refinace boom goes bust as rates shift higher

The 30-year fixed-rate average has risen nearly a quarter of a percentage point the past two weeks and now stands at 2.97 percent......»»

There’s one reason why Americans shouldn’t necessarily fear higher rate......»»

The 30-year fixed-rate average sank to a record low 2.65 percent this week. Since the start of 2020, the 30-year rate has fallen more than a percentage point......»»

The 30-year fixed-rate average ends the year slightly higher at 2.67 percent but remains near its historic low. Since the start of the year, it has fallen more than a percentage point......»»

Mortgage rates are at record lows, but borrowers hoping to take advantage are running into the toughest loan-approval standards in years. During the past month, lenders have put in place higher... To view the full story, click the title link......»»

The 30-year fixed-rate average moved slightly higher this week, increasing to 3.26 percent......»»

The 30-year fixed-rate average was slightly higher at 3.33 percent but remained near its all-time low......»»

Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates......»»

Consumers are fast losing confidence in this spring housing market, given the economic upheaval from the coronavirus and higher mortgage rates......»»

Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»

Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»

Americans will pay the price of the economic rescue package: Not in higher taxes to service the debt, or in a reduced standard of living due to inflation, but in a slide towards a boom-and-bust economy......»»

Mortgage rates that recently hit all-time lows are still in that neighborhood, and are allowing homeowners to slash their monthly payments and interest costs by refinancing......»»

The 30-year fixed-rate average climbed to 3.65 percent, its highest level since mid-January......»»

The Federal Reserve announced it will begin buying $200 billion of mortgage-backed bonds, a move that will stabilize and likely lower mortgage rates, which moved sharply higher last week......»»

After falling to a record low just two weeks ago, mortgage rates are surging higher again. This comes as real estate agents try to deal with a new normal in what was supposed to be a busy spring housing market......»»

Mortgage Refis Explode Higher As Rates Hit Record Lows Mortgage applications in the US exploded by 55.4% last week as rates collapsed to record lows amid global growth fears and monetary poli.....»»

Rock-bottom mortgage rates are causing a surge in mortgage refinances, so much so that the industry's largest trade group is revising sharply higher its origination forecasts for the year......»»

A sharp drop in mortgage interest rates has sparked a sudden and unexpected refinance boom that has lenders large and small scrambling to handle the volume......»»

Mortgage lenders hustle to keep up with demand as falling rates cause business to boom......»»