Instant Reaction: Mortgage Rates, June 1, 2023
Mortgage rates continued to rise this week, with the average rate on a 30-year fixed mortgage jumping to 6.79% from 6.39% in the first week of May.
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- Changes in Loan Applications and NAR Membership Give a Glimpse Into Housing Demand Trends
- Flood Insurance Extended in Last-Minute Funding Deal
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- Pending Sales Decline in August 2023 to the Lowest Since April 2020
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