- Mortgage applications rose 1.2% last week over the previous week, although purchase applications were down 1% on the week.
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- NAR's Nadia Evangelou, director of forecasting, predicts mortgage rates likely will settle below 6% and experience less volatility this year.
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- In December, 21% of survey respondents told Fannie Mae now is a good time to buy a home, up from 16% in November.
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