08/05/2026
https://www.homes.com/news/home-loan-applications-fall-as-mortgage-rates-hit-highest-level-in-over-a-year/1141828846/
The 2.9% decline in mortgage applications actually was an improvement from the 6.4% slide recorded last week.
Nationally, home sales in June rose 6.1% from a year earlier, but more listings have led to limited price appreciation, according to a Homes.com national housing market report. June's median home sale price of $401,000 inched up 1.5% from a year earlier.
Key takeawaysMortgage applications fell 2.9% last week as borrowing costs reached their highest level in more than a year.Demand weakened for both