Mortgage rates dipped slightly last week, leading to a decrease in mortgage demand as housing affordability continues to impact potential buyers. The average contract interest rate for 30-year fixed-rate mortgages dropped to 6.93%, with points increasing to 0.66, resulting in a 6.6% decline in total mortgage application volume. Despite a 7% drop in applications to refinance and a 6% decrease in purchase applications, the overall year-over-year numbers remained higher, with economic uncertainty and housing affordability continuing to influence buyer behavior.
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Four taken to hospital after fire breaks out in HDB flat near Holland Village
Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: Four people, including two firefighters, were taken to hospital after a blaze broke out in a flat near Holland Village on Thursday evening (Jun 19). The Singapore Civil Defence Force (SCDF) said it responded to the incident at Block 5 Holland Close at about...
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