Total mortgage applications fell 9.7 percent last week | BOT24

Total mortgage applications fell 9.7 percent last week

It was a menacing mix for mortgages last week. Back-to-back major hurricanes, a holiday weekend and higher interest rates combined to bring a 9.7 percent drop in total mortgage application volume last week from the previous week.

The Mortgage Bankers Association's seasonally adjusted weekly read was also 21.5 percent lower than the same week one year ago.

read more here............https://www.cnbc.com/2017/09/20/hurricanes-and-higher-rates-tank-mortgage-applications-down-9-point-7-percent.html


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