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    • Mortgage Bankers Association

    Mortgage demand has fallen 41% since the Fed cut interest rates by 50 basis points
    Update Information

    Mortgage demand has fallen 41% since the Fed cut interest rates by 50 basis points

    Mortgage demand fell for the sixth straight week due to higher mortgage rates, according to weekly applications survey data released Wednesday Mortgage Bankers Association (MBA). The number of applications fell by a seasonally adjusted 10.8% in the week ending November…

    Posted on Kathleen William
    The refi mini boom appears to be all but dead with the rise in mortgage rates
    Update Information

    The refi mini boom appears to be all but dead with the rise in mortgage rates

    A 60 basis point increase in mortgage rates in October has curbed mortgage demand, particularly for refinances, according to the Fed's latest survey data Mortgage Bankers Association. According to the MBA's weekly applications survey for the week ending Oct. 25,…

    Posted on Kathleen William

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