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Mortgage Applications Rise as Interest Rates Fall for 3rd Week

Mortgage News > Mortgage Applications Rise as Interest Rates Fall for 3rd Week
Date: 01/02/2019    Mortgage Applications Rise as Interest Rates Fall for 3rd Week

More Americans applied for mortgage loans this week, according to the Mortgage Bankers Association, in response to a three-week trend of falling interest rates. The MBA's mortgage application volume index rose 2% from the week before but is still down 19% from one year ago. Refinance loan requests made a big jump, climbing 6% while home purchase applications only increased by 1% in the latest week.

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