The Magicbricks report revealed that men dominate the loan applications, with a 74 percent contribution, while women make up the remaining 26 per cent.
U.S. mortgage interest rates rose to the highest since November 2000 last week, helping to drive home loan application volumes to the lowest in 27 years, a report on Wednesday said. The average weekly rate on a 30-year fixed mortgage hit 7.53% in the week ended Sept. 29 from the week prior's 7.41%, according to data released by the Mortgage Bankers Association (MBA). The increased rate was accompanied by a 6% fall in home loan applications.
The 30-year mortgage rate is now at 20-year high 6.94 percent, according to finance company Federal Home Loan Mortgage Corporation's (FHLMC) latest weekly survey. As per FHLMC, also known as [.]
Mortgage rates surge to 20-year high, causing massive drop in home sales Thursday, October 27, 2022 by: Belle Carter 920 VIEWS ( Natural News ) The 30-
More Americans are hesitating to get a housing loan as mortgage rates hit 6.75 percent – the highest in 16 years. The rate hike serves as another blow to a population already haunted by inflation [.]