Mortgage Applications Rose Last Week As Rates Fell
MBA says both its purchase and refinance indices rose as 30-year fixed rate fell to 6.48%.
MBA says both its purchase and refinance indices rose as 30-year fixed rate fell to 6.48%.
Decline reflects the tightening in broader credit conditions, MBA said.
Application volume decreased 1.2% after rising in six of the previous seven weeks.
MBA’s Purchase Applications Payment Index hits record high.
Volume of mortgage applications rose for the sixth time in seven weeks.
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