Estimated reading time: 0 minutes, 23 seconds

Mortgage Applications Rise on Lower Rates: MBA

Tuesday, Sep 17 2019
Originating
Written by 

As U.S. home mortgage rates dipped to new three-year lows, mortgage applications to buy or refinance a home increased in early September, the Mortgage Banking Association’s weekly data show. So reports Reuters.

!--more-->According to the MBA’s seasonally adjusted index, total mortgage application volume rose by 2% to 569.8 in the week ended September 6. For 30-year fixed-rate mortgages, the average interest rate dipped by 5 basis points to 3.82%, the lowest since November 2016.

Read the full article from Reuters.

Read 2003 times
Rate this item
(0 votes)
More in this category: « Ask the Management Expert: Hershman's Quick Steps to Assess Job Candidates Bill Bodnar of MMG: Three Reasons Housing Will Keep Shining »

Related items

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline