The Refinance Index took an 8% tumble from the previous week and was 43% lower than the same week one year ago.
The post Fewer Mortgage Applications Amid Rising Rates appeared first on Weekly Real Estate News.
Mortgage demand slumped last week as consumers hit the brakes on purchase applications. Mortgage applications decreased by 7.2% in the week ending Jan. 26 compared to one week earlier on a seasonally adjusted basis, […]
“This was the third straight month of year-over-year growth in applications,” said MBA’s Joel Kan. The post Mortgage Applications on New Home Purchases Up 4.1% appeared first on Weekly Real Estate News.
Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. The Fed’s rate hike pause, combined with a softer October jobs report and the […]
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