Mortgage Demand Falls, Lowest In 2 Months As Rates Stall


Mortgage demand is the lowest in two months as interest rates stall. Applications to refinance existing loans fell three-percent last week as the national average interest rate for a 30-year fixed-rate mortgage was unchanged at three-point-03 percent.

Applications for loans to buy homes were essentially unchanged. Purchase applications are down 18-percent from this time last year while refinance applications are four-percent lower.

NYC Identifies Two More People Killed In 9/11 Attacks

Previous article

Texas Governor Defends Abortion Law With No Rape Exceptions

Next article

You may also like