#refinancing-activity
#refinancing-activity

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Benchmark Mortgage Rate Drops along with Probability of a Hike

Mortgage rates dropped to 3.43%, down 5 basis points, approaching record low rates from 2012.

Refinancing activity surged by over 50% compared to last year, purchase activity increased by 6%.

Fed decision to keep target Federal Funds Rate steady led to a drop in rates and reduced probability of second rate hike.

US mortgage rates surpassed 7% for the first time in a month

Home purchase applications dropped significantly last week.

Mortgage rates dropped to 3.43%, down 5 basis points, approaching record low rates from 2012.

Refinancing activity surged by over 50% compared to last year, purchase activity increased by 6%.

Fed decision to keep target Federal Funds Rate steady led to a drop in rates and reduced probability of second rate hike.

US mortgage rates surpassed 7% for the first time in a month

Home purchase applications dropped significantly last week.

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