Štítek: home sellers
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6.65% Mortgage Rates, 7% Fewer Purchase Applications: Aspen Buyers and Sellers Get a Clearer Mid-Summer Demand Signal
Mortgage applications fell 2.7% last week as the 30-year fixed rate rose to 6.65%, while purchase demand dropped 7% and refinance activity climbed 4%. For Aspen clients, that combination is less about a broad slowdown and more about how buyer urgency, financing structure, and listing strategy may shift in the weeks ahead.
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6.65% Mortgage Rates and a 7% Purchase Application Drop Add Context for Aspen Lease and Buy Decisions
A national jump in mortgage rates to 6.65% and a 7% drop in purchase applications may look distant from Aspen, but it still matters for lease timing, financed second-home decisions, and seller expectations around the buyer pool.