According to the Mortgage Bankers Association’s seasonally adjusted index, mortgage applications ticked higher 0.2% for the week ending October 8.
While mortgage applications to buy a home rose 2%, refinance applications fell 1% for the week.
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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.
Estimated reading time: 0 minutes, 16 seconds
Mortgage Demand Levels Off Following Interest Rate Rebound
With mortgage rates inching upward recently, overall demand for mortgage loans has flattened. So reports CNBC.
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