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
The refinance share of mortgage activity decreased to 26.1 percent of total applications from 28.4 percent the previous week
Demand was up headed into last week’s holiday as purchase and refi rates continued to fall
Compared to September 2022, applications decreased by 13 percent
The 30-year fixed rate remained above 7 percent for the third consecutive week
Apps decreased 14.2 percent from one week earlier, according to the Mortgage Bankers Association
Apps increased 3.8 percent for the week ending September 16
The MBA’s Refinance Index decreased 8 percent from the previous week and was 83 percent lower than the same week ...
Purchase applications remain at a 22-year low, according to the MBA
The MBA reports that purchase applications fell another 2.3 percent last week
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