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 Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range READ MORE The Elite's Escape Plan: Inside the Billionaire Bunker Boom READ MORE Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Oil Prices Decline with Biden's Withdrawal and Fed Rate Cut Prospects READ MORE Supply and Demand Dynamcis Shows Silver is Undervalued READ MORE Add a Comment Cancel replyYour email address will not be published.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