After Weeks-Long Run, Mortgage, Refi Applications Dive as Rates Climb

New data from the Mortgage Bankers Association shows applications for both home purchases and refinances fell significantly this week following increased mortgage rates and other market volatility in the wake of the conflict in the Middle East, economists said.   According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage…

The post After Weeks-Long Run, Mortgage, Refi Applications Dive as Rates Climb appeared first on RISMedia.

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