Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.
Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again.
Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Ban… [+1724 chars]
Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Ban… [+1724 chars]