Instant Reaction: Mortgage Rates, May 25, 2023
Following the trend of the bond market, mortgage rates rose to an average rate of 6.57% on a 30-year fixed mortgage from 6.39% the previous week.
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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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