Mortgage Applications Today: Home Loans Retreat but Refinancing Ticks Higher
Mortgage applications rose this week as growing refinancing volume offset a decline in purchase applications, according to the Mortgage Bankers Association. For the week ending April 10, the MBA's Market Composite Index, a measure of total mortgage loan application volume, increased 1.8 percent on a
Where’s My Refund—and Why Wasn’t It Bigger as Promised?
Today's the day: April 15, the deadline for filing your taxes. While some may elect for an extension if they wish, the majority of Americans have until end of day today to file their federal and state tax returns. If you owe money, rest assured that Uncle Sam will take their cut right away. But for
First-Time Buyers Fall to Record Low as Baby Boomers Reign Supreme
The share of first-timers breaking into the housing market fell to just 21% of homebuyers last year—a drop of three percentage points from the year prior and the lowest share since at least 1981, new data shows. Baby boomers, meanwhile, continue to dominate, accounting for 42% of homebuyers and 52%
Average Mortgage Payment Hits Historic New High, Topping $2K
Homeowners faced a sticker shock at the end of 2025 as the average monthly mortgage payment topped $2,000 for the first time—a historic milestone reflecting the combined pressure of high home prices and elevated interest rates. In the fourth quarter of last year, the average payment for existing mor
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