Mortgage Applications Rose As Rates Hit New Lows: Mba

NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.

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  • Mortgage rates hit highest point in 22 months
    Mortgage rates this week jumped to their ... the last week of March 2020 when the rate hit 3.50%. A year ago, the rate was 2.79%. The increase comes after the federal government reported that consumer ...
    01/13/2022 - 4:12 am | View Link
  • Current Mortgage Rates Jump to Highest Level Since March 2020
    This represents a substantial jump from last week and is the highest the 30-year rate has been since March 2020 — just as the coronavirus pandemic hit the United States. Rates are higher for ...
    01/13/2022 - 2:53 am | View Link
  • Refinance Demand Plunges 40% From Late 2020
    Ever since mid-2020, mortgage refinance rates have been sitting at competitive levels, historically speaking. But refinance rates also rose at the tail end of 2021. Not shockingly, that caused a ...
    01/8/2022 - 1:00 am | View Link
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