Mortgage Demand Drops To Lowest Level Since ’96
Applications over the two-week holiday period fell some 13.2 percent compared to the two weeks prior
Applications over the two-week holiday period fell some 13.2 percent compared to the two weeks prior
Compared to September 2022, applications decreased by 13 percent
Mortgage applications decreased 0.5 percent from one week earlier
The lenders will no longer charge up-front fees while increasing fees for most cash-out refis
The application index was down 68.7 percent compared to the same period in 2021
The MBA found the national median payment applied for by applicants decreased to $1,839 August
The market outlook is good for drivers, but tough on homebuyers…
MBA’s tracking found interest dropped 6.3 percent last week
Originations are expected to rise despite anticipated slowdown in existing home purchases
Total apps dropped 13.1 percent, while refi apps specifically fell 15 percent
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