Where the Comment is King

THE NEWS COMMENTER

VOTE  (0)  (0)

Mortgage demand slows as rates hit 7-month high

Added 03-03-21 12:04:02pm EST - “Demand for mortgage applications remained tepid last week as rates rose to their highest level since July. ?” - Foxbusiness.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Foxbusiness.com: “Mortgage demand slows as rates hit 7-month high”. Below is an excerpt from the article.

Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.

This material may not be published, broadcast, rewritten, or redistributed. ©2021 FOX News Network, LLC. All rights reserved. FAQ - Updated Privacy Policy

Lumber prices are soaring and causing the prices of homes to increase as well. FOX Business' Lydia Hu with more.

Demand for mortgage applications remained tepid last week as rates rose to their highest level since July.

Total mortgage loan volume rose by a seasonally adjusted rate of 0.5% in the week ended Feb 26., according to the Mortgage Bankers Association. Refinancings were up 0.1%.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE