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Homebuyers Flinch As Mortgage Rates Climb Toward 2023 Highs

Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries.

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Mortgage Demand Slips With Homebuyers Wary Of Rate Volatility

Rise in mortgage rates defies expectations as unusually wide "spread" between 10-year Treasury yields and mortgages reflects investor fears of another refi wave.

United statesJoel kanUniversity of michiganFederal reserve bankFannie maeFederal reserveNational housingMortgage bankers associationMortgage briefChief economist joel kanOptimal blueFannie mae housing forecastNational housing surveyOptimal blue mortgage market indices

Mortgage Applications Surged Last Week But Rates Are Climbing Again

Applications for purchase mortgages rose 5 percent last week, but a strong jobs report and ongoing bank instability are pushing mortgage rates back up.

United statesJoel kanLawrence yunFreddie macFannie maeJerome powellFederal reserveNational association of realtorSignature bankBureau of labor statisticsMortgage bankers associationSilicon valley bankMortgage briefMortgage bankersChief economist joel kanOptimal blue mortgage market indices

Black Knight : April 2023 Originations Market Monitor

The Optimal Blue Mortgage Market Indices showed 30-year conforming rates dipping below 6.25% in the first week of April before finishing at 6.45%, for an average of 6.38%. | May 8, 2023

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Rate Lock Volume Fell 22% in April: Black Knight

Rate Lock Volume Fell 22% in April: Black Knight
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