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 ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased to 6.19% from 6.09% Refinance demand was essentially flat. The share of ...