Mortgage Demand Rises as Interest Rates Dip Below 7% Mortgage demand climbed this week, following a drop in interest rates to 6.84% from 7.02% for 30-year fixed-rate loans. Refinancing applications jumped 12%, showing a 5% increase from the same period last year. Meanwhile, home purchase applications grew by 5% week-over-week, though they remain 11% lower than last year’s figures. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Government Debt Hits $34 Trillion: Fiscal Policies Under Scrutiny READ MORE Silver Prices Dip as Prospects of Early Fed Rate Cuts Diminish READ MORE Interactive Analysis: Has Your Pay Kept Up With Inflation? READ MORE Poland’s Central Bank ramps up Gold Purchases during July, and now holds 300 tonnes of Gold READ MORE Inflation Data Shifts Fed Focus from 'If' to 'How Much' on Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment