Jumbo 30-year mortgage rates also dropped 8 points Monday, reducing the average to 6.81%—almost a six-week low. In September, jumbo 30-year rates plummeted to 6.24%, their cheapest average in 19 ...

"The number of mortgage approvals returned to 2019 levels, despite typical mortgage rates being around three times higher. Perhaps even more remarkably, first-time buyers' share of house purchase ...

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