Mortgage Applications Drop with Rapidly Drying Up Demand

Aug 17, 2022 |

Having inched up 0.2 percent on a seasonally adjusted basis last week, mortgage loan application volume in the U.S. has since dropped 3.0 percent in the absolute or 2.3 percent on an adjusted basis, with another 2 percent drop in purchase mortgage activity, which was down 18 percent on a year-over-year basis. As such, mortgage […more]

Posted in: San Francisco

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