Mortgage rates finally moved lower last week, but that didn’t do much for demand (United States)

After rising for several weeks, mortgage rates moved decidedly lower last week, but not enough to make much of a difference in demand from current borrowers or potential homebuyers. Total mortgage application volume fell 1.4% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Thanksgiving holiday. 

 

Read more: https://tinyurl.com/bdh5e32x 

Comments

Post a Comment

Popular posts from this blog

Calgary loses nearly a quarter of its water to leaks. Here’s what the city is doing about it (Calgary)

Calgary lost nearly a quarter of its treated water supply last year due to leaky pipes, so the city has launched a program to address that problem more quickly. The catastrophic  Bearspaw feeder main break  last June only accounted for 0.5 per cent of the city’s 22 per cent water loss in 2024, according to the city. It’s an issue the city says it's been trying to get a handle on for decades. According to data provided by the city, Calgary’s water loss has been above 20 per cent for at least five years. Over that time, it peaked in 2019, when it hit 24 per cent.   Read more:  https://tinyurl.com/4thfneeh  
Read more