According to the Mortgage Bankers Association, the ARM share of applications for the week ending October 7 was almost 12%.
That’s up from around 3% in early 2022, an ARM share that had been generally consistent for several years.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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