Total mortgage applications tracked by the Mortgage Bankers Association fell 13.1% for the week ending February 18 to the lowest since December 2019.
Refis slid 15% on the week and were down 56% from a year earlier.
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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Estimated reading time: 0 minutes, 17 seconds
Weekly Mortgage Demand Slides to Two-Year Low
A weekly measure of mortgage demand has tumbled to its lowest level in more than two years. So reports CNBC.
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