[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Schwab Network [@SchwabNetwork](/creator/twitter/SchwabNetwork) on x 74.5K followers Created: 2025-07-02 16:22:49 UTC Here’s what to know from the latest Mortgage Bankers Association (MBA) data: – Refinancing applications for home loans increased X% last week compared to the week prior, according to the MBA. – Demand for refinancing was also XX% higher over the same timeframe compared to a year ago. – Mortgage rates fell to the lowest level since April. – This trend was prompted by a drop in the average interest rate for 30-year fixed-rate mortgages with conforming loan balances, which decreased from XXXX% to 6.79%. – Home-buying applications were flat.  XXXXX engagements  **Related Topics** [home loans](/topic/home-loans) [mortgage rate](/topic/mortgage-rate) [housing market](/topic/housing-market) [Post Link](https://x.com/SchwabNetwork/status/1940446069470412970)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Schwab Network @SchwabNetwork on x 74.5K followers
Created: 2025-07-02 16:22:49 UTC
Here’s what to know from the latest Mortgage Bankers Association (MBA) data:
– Refinancing applications for home loans increased X% last week compared to the week prior, according to the MBA.
– Demand for refinancing was also XX% higher over the same timeframe compared to a year ago.
– Mortgage rates fell to the lowest level since April.
– This trend was prompted by a drop in the average interest rate for 30-year fixed-rate mortgages with conforming loan balances, which decreased from XXXX% to 6.79%.
– Home-buying applications were flat.
XXXXX engagements
Related Topics home loans mortgage rate housing market