According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 21, 2017, mortgage applications increased 2.7 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the
Read MoreAccording to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year mortgage rate in the U.S. dropped for the third consecutive week and closing in on the 2017 low. Sean Becketti, chief economist of Freddie Mac said, “The 10-year Treasury yield was relatively unchanged this week, while the 30-year mortgage rate fell 4 basis points
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