Mortgage Applications Fall Amid Rising Interest Rates and Low Supply

FAN Editor

This article was originally published on ETFTrends.com.

Mortgage applications fell by 2% for the week, according to the latest data from the Mortgage Bankers Association, while volume was 19% less in the same week last year. The drop comes amid rising interest rates, which has staved off homebuyers during a summer season where real estate activity is typically at its peak. Applications […]

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