Demand for mortgages soar amid the recent drop in rates

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From Diana Olick:
KEY POINTS
NASDAQ:MBB June 12, 2019 12:49pm

Mortgage rates rose for the first time in 3 months

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From Bob Mason:

Mortgage rates rose for the first time in 12-weeks in the week ending 31st January. 30-year fixed rates increased by 1 percentage point to 4.46%, according to figures released by Freddie Mac.

NASDAQ:MBB February 4, 2019 3:42pm

As rates creep higher, mortgage applications retreat

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From ETF Trends:

The number of mortgage applications last week fell 2.7 percent compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. However, volume was 3.3 percent higher than a year ago.

NASDAQ:MBB January 25, 2019 1:22pm

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