#purchase-vs-refinance

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fromwww.housingwire.com
6 hours ago

Mortgage applications rise 1.7% as 30-year rate hits 6.46%

Mortgage applications increased 1.7% from one week earlier, according to data from the Mortgage Bankers Association (MBA)'s weekly mortgage applications survey for the week ending May 8. On an unadjusted basis, the index increased 2% compared with the previous week. The refinance index decreased 1% from the previous week and was 28% higher than the same week one year ago. The seasonally adjusted purchase index increased 4% from one week earlier.
Real estate
Real estate
fromwww.housingwire.com
1 month ago

Mike Vough on borrowers staying rate anchored into 2026

Refinance activity declined in February as rates hit 5.9%, a psychological barrier, while ARM popularity increased to 10%, supporting purchase activity through lower effective rates.
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