Mortgage Applications Dip 4% as Rates Climb Near 7%
6 Articles
6 Articles
In the U.S., the average interest rate for 30-year mortgages rose to 6.97%, reaching its highest level since May 2025. The increase in interest rates led to a 4.1% drop in mortgage applications last week, along with a decrease in applications for home purchases and refinancing.
(Teleborsa) - Still declining mortgage applications in the United States. In the week to September 12, the index that measures the volume of mortgage loan applications records a -4,1%, after the -2,7% recorded the...
Illustrative image Photo: PexelsRequests for mortgage in the US fall 4.1% per week; 30-year rate exceeded 7%, points to CNBC
For its part, the average interest rate on 30-year mortgages, reference for the housing loan market, rose to 6,97 %
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