Tag: Housing Market Insights

Surge in Mortgage Demand Signals Positive Momentum Amid Dropping Interest Rates

KEY POINTS: In a promising turn of events, the demand for mortgages is on the rise, buoyed by the continuous decline in interest rates. According to the Mortgage Bankers Association's seasonally adjusted index, total application volume increased by 3% last week compared to the previous week. Notably, the average contract interest rate for 30-year fixed-rate […]
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