Mortgage Demand Jumps as Rates Hit 2-Month Low

Key Highlights Last week’s mortgage demand jumped for first time since end of February Refis jumped +10% but still lower than same week last year When Interest Rates Drop, Expect Demand for Mortgage Purchase Applications to Rise According to the Mortgage Bankers Association (MBA), the average contract interest rate for 30-year fixed-rate mortgages with conforming loan […]

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