Estimated reading time: 0 minutes, 17 seconds

Weekly Mortgage Demand Slides 6% as Rates Rise

Mortgage demand for home purchases and refinances has fallen once more amid a recovery in mortgage interest rates. So reports CNBC.

MBAFor the week ending October 15, total application volume tracked by the Mortgage Bankers Association's seasonally adjusted index dropped 6.3%.

Refinances fell 7% on the week to their lowest level since July.

Read the full article from CNBC

 

Read 1780 times
Rate this item
(0 votes)

FOLLOW US