Meanwhile, I want to get over to Diana Ol. She's got the weekly mortgage applications report. Good morning to you. >> Good morning, Andrea.Yeah, the refi boom we saw just a few weeks ago just went bust thanks to higher mortgage rates. The average rate on the 30-year fix for conforming loans increased last week to 6.46% from 6.34%. That's for loans with 20% down according to the Mortgage Bankers Association.Now, as a result, applications to refinance a home loan dropped 21% last week from the previous week. ...

Trump said he is removing Fed governor Lisa Cook, citing allegations that she submitted fraudulent information on mortgage applications https://t.co/T1u0VckMC1 ...

All right. So, folks, you may not care about the Federal Reserve or interest rates, but you may want to buy a home. And what the Fed does could influence the bond market, which could influence mortgage rates.And guess what. We got new numbers on pending home sales for the month of June. Diana Ols.>> Well, Brian, pending home sales in June dropped just less than 1% from May and we're down 2.8% from June of last year. These counts are based on signed contracts for existing homes. So, people out shopping in Ju ...

US mortgage applications to buy a home declined last week to the lowest level since late May as borrowing costs remained elevated https://t.co/wbZ0Bmw1BB ...

Market Trends - US mortgage applications to purchase a home jumped to the highest level since early 2023 [1] Financial Indicators - Borrowing costs barely budged [1]