Mortgage rates edge down, refinancing applications tick up (XLRE:NYSEARCA)

Core Insights - Mortgage rates have decreased slightly, leading to an increase in refinancing applications [2] - The average rate for 30-year fixed-rate mortgages is 6.26% as of September 18, down from 6.35% the previous week, but higher than 6.09% from the same week last year [2] Mortgage Rate Trends - The current average for 30-year fixed-rate mortgages is 6.26% [2] - This represents a decrease of 0.09 percentage points from the previous week [2] - Year-over-year, the rate has increased from 6.09% [2]