Rising Rates Result in Mortgage Application Reversal
With mortgage rates climbing to their highest point since August recently, the role of steadily increasing home purchase application and refinance activity has reversed, with both indexes by the Mortgage Bankers Association (MBA) showing sharp decreases this week. According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan…
The post Rising Rates Result in Mortgage Application Reversal appeared first on RISMedia.
Categories
Recent Posts
Homeowners have record equity and won’t touch it. Loan data explains why
Florida Remains the Riskiest Market for Future Home Price Declines
Zillow Asks Court to Compel MRED and Compass to Provide Communications
Virginia Legalizes Manufactured Housing as Gov. Spanberger Pushes Housing Affordability
Seniors in These States Will See the Deepest Cuts to Their Social Security in 2032
Who can buy a top-20 builder now? Berkshire resets board calculus
NBA Player Nicolas Batum Shoots His North Carolina Mansion Onto the Market for $6 Million—Complete With Custom ‘Shoe Room’
Social Security, Medicare solvency could be examined by bipartisan commission
Emotional Moment HGTV Star Erin Napier Breaks Down in Tears After Watching Her 2-Year Hotel Renovation Go Up in Flames
PulteGroup unveils its first Florida Del Webb Explore community
