More Mortgage Applications in Face of Increased Rates

September 23, 2020 Christina Hughes Babb

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New mortgage applications increased 6.8% this week from one week prior, according to the Mortgage Bankers Association (MBA) Weekly Survey analyzing mortgage activity. Joel Kan, MBA's Associate Vice President of Economic and Industry Forecasting says mortgage applications activity continued a strong showing last week even though 30-year fixed-rate mortgage and 15-year fixed-rate mortgage increased to ...

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