Mortgage Applications Dropped by Rising Rates and Stock Declines

FAN Editor

This article was originally published on ETFTrends.com.

The Mortgage Bankers Association reported that mortgage applications fell last week–dropped by a one-two combination of rising interest rates and stock declines. Overall, mortgage application volume suffered, falling by 22% compared to a year ago and 3.2% lower compared to the previous week. The general market consensus is that the Federal Reserve will raise interest […]

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