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Business·29/4/2026ملخص الذكاء الاصطناعي
Mortgage Rates Rise to 6.37%, But Homebuyers Push Forward for Spring Market
Mortgage rates increased to 6.37% for 30-year fixed loans, causing refinance applications to fall 4% while purchase applications rose 1% week-over-week. Despite the rate climb, homebuyers are showing renewed interest ahead of spring, with purchase applications up 21% year-over-year. The MBA notes consumers appear to be moving forward despite geopolitical uncertainties related to the war with Iran.
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