Blog > Mortgage Applications Drop Off This Week

Despite near annual highs of the 30-year average mortgage rate, home-purchase application activity had been holding steady or even modestly increasing in recent weeks, attributed to the rise in home inventory. That trajectory flipped this week with a dip in mortgage applications as rates hit another record high since last August. The latest Market Composite…
The post Mortgage Applications Drop Off This Week appeared first on RISMedia.

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