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U.S. claims for unemployment fell to 199,000 last week, the lowest level since 1969. However, the slow-down in claims might have been impacted by the Thanksgiving holiday. Claims are trending down as employers work to keep employees due to labor shortages. Employers probably added more than half ...

Mortgage applications increased modestly last week despite an uptick in mortgage interest rates, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending November 19.

MBA Weekly Applications Survey Nov. 10, 2021: Falling Rates Trigger 7% Jump in Refis

MBA Weekly Applications Survey Nov. 3, 2021: Refis Fall to Nearly 2-Year Low

MBA reported the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased to 3.18 percent from 3.14 percent, with points increasing to 0.37 from 0.35 (including origination fee) for 80 percent loan-to-value ratio loans. The effecti...

Landlords October 1st is approaching fast have you or your tenants applied for the Emergency Rental Assistance?

Share of Mortgages in Forbearance Falls to 3.5% as of July 19th 2021

15-Year Fixed Mortgage Drop to Record Low of 2.1%

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CNBC, July 28, 2021–Diana Olick
The typical interest rate for 30-year fixed-rate mortgages decreased to 3.01% from 3.11% last week. Applications to refinance a home loan jumped 9% last week from the previous week, according to the Mortgage Bankers Association.


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