Mortgage rates hit a new 2025 low after soft job opening report
Mortgage rates decreased slightly on Wednesday morning to a year-to-date low of 6.49% after the job openings data came in below expectations.
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Mortgage rates aren’t low enough to spur application activity
Refinance applications saw a small increase, driven by FHA and VA refinance applications, but conventional refinances declined.
Read MoreLower mortgage rates pushed inventory lower in August
Year-over-year inventory growth has dropped from recent highs of 33% to 22%, despite mortgage rates not yet approaching 6%.
Read MoreGen Z offers its thoughts on the renter vs. homeowner debate
Mortgage rates, high home prices, student debt and career uncertainty are reshaping Gen Z housing — and many are renting for the long term.
Read MoreMortgage rates hit a new year-to-date low, despite Fed drama
Mortgage rates hit a new low today for 2025, despite President Trump's attempt to fire Fed Governor Lisa Cook on Monday.
Read MoreLower mortgage rates driving housing demand
Lower mortgage rates have boosted the weekly purchase apps, aligning with the year-over-year growth we have seen for most of 2025.
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