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No Major Changes in Mortgage Demand
loantrust.ai

No Major Changes in Mortgage Demand

Mortgage application activity was little changed last week as higher mortgage rates continued to weigh on purchase demand. The Mortgage Bankers Association (MBA) reported a 0.4% decrease in total appl

Hans Michel/ / 2 min read
Pending Home Sales Slip 2.3% in July
loantrust.ai

Pending Home Sales Slip 2.3% in July

Pending home sales declined again in July as elevated mortgage rates and record-high home prices continued to weigh on buyer demand. The National Association of REALTORS® (NAR) Pending Home Sales Inde

Hans Michel/ / 2 min read
Mortgage Rates Drift Modestly Higher
loantrust.ai

Mortgage Rates Drift Modestly Higher

For all practical purposes, Friday's mortgage rates were unchanged versus Thursday's, but if we're splitting hairs, the average lender rose 0.01% to 6.77% for a top tier 30yr fixed. While many news ou

Hans Michel/ / 2 min read