Homebuilders are not getting a bump from lower mortgage rates

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Homebuilders are not getting a bump from lower mortgage rates.

 

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only chance of me ever getting a newly built home is winning a HGTV Dream Home and even then 99% of people can't afford to keep it if they even win it.

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Mortgage applications surge 13.5% as borrowers rush to take advantage of lower ratesThat is its highest level since February 2018 and came after a 23 percent jump the previous week. Volume was just 0.5 percent lower compared with the same week one year ago Seems like you guys are undecided on how to report data. Just another news outlet that is bent on weird headlines ClickBait The market is so weird right now
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Mortgage rates hit a 3-month low with home buyers biding their timeRates for home loans fell, marking two straight months of declines, and may have farther to go, which would help support housing market activity.
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US long-term mortgage rates dropped to 4.55 pct. averageU.S. long-term mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers after the stock market has tumbled. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4.62... Give it a week or so! What a joke you are. Grasping for straws with this headline. Apparently you also missed the market closed up today. Once again the media shows their stupidity.
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U.S. mortgage activity hits 2-month high as interest rates fall: MBAU.S. borrowers filed the most loan requests to buy a home and to refinance one i...
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