Mortgage demand drops 8.5%, as interest rates swell to the highest level in 3 weeks
Last week the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.24% from 6.16%. Applications to refinance a home loan dropped 16% for the week. Applications for a mortgage to purchase a home were essentially flat. Homes in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak […]