Mortgage Applications at Lowest Level in 28 Years
Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.
Source: investopedia.com
Stay updated with breaking news from Still Higher Than. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.
Weekly Jobless Claims Fall 18K To 228K, Still Higher Than Expected • None Weekly Initial Jobless Claims were 228,000, a decrease of 18,000 from the previous…