Mortgage Applications Surge This Week

Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last week, their fourth straight week of increases.  The Mortgage Bankers Association’s (MBA) reported that home purchase applications increased 14.2% from the previous week’s 1.4% increase, according to its latest Weekly Applications Survey for the week…

The post Mortgage Applications Surge This Week appeared first on RISMedia.

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