A two-year interest rate high is driving down the number of new mortgage applications. Read the article here: http://realtormag.realtor.org/daily-news/2013/07/25/loan-demand-continues-soften
Posts Tagged ‘mortgage applications’
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Posted by Denise Lones on May 30th, 2013
Mortgage Applications Drop – but what is the full story? The Wall Street Journal reported that mortgage applications dropped 9% last week, but that doesn’t mean that the housing market is cooling. This drop was fueled by rising interest rates (up to 3.9% this past week – the highest since May of 2012) and a […]
