Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...
Americans are racing to refinance their mortgages. Borrower demand in the last week has been the strongest since 2022.
The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to the lowest level in nearly a year.
Applications for mortgages to buy a home or refinance both fell for a second week, marking a swift reversal of what had been a hopeful sign of a revival in the US housing market. The Mortgage Bankers ...
FILE - For Sale sign is displayed in Skokie, Ili., July 24, 2025. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2025 The Associated Press. All rights reserved ...
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