Mortgage applications nosedive as rates continue to soar

Apr 20, 2022 |

With rates at the highest level in a decade, mortgage applications for the week ending April 15 fell 5%, according to the latest survey by the Mortgage Bankers Association. The drop was largely driven by an 8% decline in refinancing applications, which was 68% lower than the same week one year ago. The seasonally adjusted […more]

Posted in: San Francisco

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