First-time home buyers pounce as 30-year FHA loan rate dives below 7%

Mortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.18%.

First-time home buyers pounce as 30-year FHA loan rate dives below 7%
Mortgage applications rose 2.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.18%.