Mortgage applications tick higher as refis stall

mortgage applications tick higher as refis stall

Sumary of Mortgage applications tick higher as refis stall:

  • Demand for mortgage applications increased slightly by 0.3% from a week ago, according to the Mortgage Banker’s Association’s survey, driving the purchase Index higher.
  • ” The interest rate on a 30-year fixed-rate mortgage remained unchanged at 3.03% that kept refinancings on ice falling 3% to the lowest level since July.
  • Demand for mortgage applications increased slightly by 0.3% from a week ago, according to the Mortgage Banker’s Association’s survey.

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