Real Estate | Best Rate Direct

Interest rates hit 8-year high while Mortgage applications drop to 4-year low

November 7, 2018 By Jason T. Shortes Author Leave a Comment

According to the data released from the Mortgage Bankers Association Weekly Mortgage Applications Survey for the week ending November 2, 2018, the mortgage applications reduced 4.0 percent from a previous week. The Market Composite Index, which is a gauge of mortgage loan application volume, reduced 4.0 percent on a seasonally regulated basis from one week earlier to the … [Read more...]

Filed Under: Bank Rates, Mortgage Rates, News, Real Estate

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