30-year mortgage rate tracked by MBA drops below 3%

Aug 4, 2021 |

Mortgage applications fell 1.7% in the week ending July 30, according to the latest report from the Mortgage Bankers Association. That’s despite the 30-year fixed rate falling to its lowest level in roughly six months. It’s an about-face from the prior week, in which applications increased 5.7% on the strength of descending mortgage rates. Mike […more]

Posted in: San Francisco

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