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Tuesday, April 22, 2025
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Purchase Applications

Will we see a Santa Claus rally in mortgage rates?

Despite initial concerns that tariffs would push mortgage rates up to 8% and reduce housing demand, this week has brought some encouraging news....

Mortgage rates dodge a bullet — for now

Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher....

Housing demand firming up with lower mortgage rates

Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates...