Reported about 22 hours ago
Despite significant fluctuations in the stock market due to shifting tariff policies, the average 30-year mortgage rate remained steady at 6.65%. This stability, combined with declining rates in recent months, has prompted increased mortgage demand as the spring homebuying season begins, with applications for home purchases rising by 7% and refinances by 16%. Experts suggest that lower rates not only attract buyers but may also encourage more sellers to enter the market.
Source: YAHOO