Spike in Refis, Triggered by Small Dip in Mortgage Rates, Fizzled. Demand for Mortgages to Purchase Homes Still in Deepfreeze

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Spike in Refis, Triggered by Small Dip in Mortgage Rates, Fizzled. Demand for Mortgages to Purchase Homes Still in Deepfreeze

wolfstreet.com/2025/10/08/spike-in-refis-triggered-by-small-dip-in-mortgage-rates-fizzled-and-demand-for-mortgages-to-purchase-homes-still-in-deepfreeze

Mortgage rates are still higher than before the rate cuts started over a year ago.
By Wolf Richter for WOLF STREET.
The average weekly mortgage rate for conforming 30-year fixed mortgages edged down to 6.43%, according to the Mortgage Bankers Association today. But that was still higher…

This story appeared on wolfstreet.com, 2025-10-08 17:23:58.