Mortgage applications surge 5.8 percent, as rates briefly dip

By Diana Olick | CNBC

Borrowers came back to the mortgage market last week, thanks to a slight retreat in interest rates. Total mortgage application volume rose 5.8 percent for the week compared to the previous week.

Still, volume came in 28 percent lower than the same week a year ago. The Mortgage Bankers Association’s seasonally adjusted report includes an adjustment for the Presidents Day holiday.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Greater Phoenix housing market update

By Arizona Digital Free Press Greater Phoenix home sales increased in March, indicating continued market activity despite broader economic and geopolitical uncertainty. Closed sales across the region rose 10%

Read More »