Mortgage rates drop to lowest since mid-December, but demand still falls short
Published Wed, Feb 26 20257:00 AM ESTUpdated Thu, Feb 27 20253:09 PM EST
By: Diana Olick
A home for sale in Casselberry, Florida, Aug. 14, 2024.Stephen M. Dowell | Orlando Sentinel | Tribune News Service | Getty Images
Mortgage interest rates dropped again last week, hitting the lowest level in two months, but demand for mortgages didn’t respond. Total mortgage application volume fell 1.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Visit my website at: https://www.anastasiakaufman.com/
Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/
Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS
Cell: 401-338-2749
Email: Anastasia@anastasiakaufman.com
Categories
Recent Posts
Looking ahead, all eyes are on the Fed’s meeting this Wednesday. A 0.25% rate cut is essentially locked in and already factored into today’s mortgage rates. 📉🏡
What a Fed Rate Cut Could Mean for Mortgage Rates
Kitchen Remodel Return on Investment for Sellers
Here’s how to get a better mortgage rate as the 30-year fixed nears a 1-year low
Social Security cost-of-living adjustment may be slightly higher in 2026, estimates find. What that means for retirees