Purchases fell 22% from October and 6% year-on-year as high home prices and low inventory levels continued to curb demand, the report said. report. The Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming fixed rate – the benchmark for CME Group‘s mortgage rate futures fell 1 basis point to 6.14% in November, an improvement of […]
The report showed that the mortgage interest rates in July in all loan types, with the optimum blue mortgage market indices (OBMMI) 30-year-old in accordance with 5 BP to 6.72%. Fha” Va and Jumbo rates rose to 6.50%respectively, 6.33%and 6.89%. Purchase volume was flat yo, while the cash-out and the refinancing locks of the rate […]