Last week’s decline in mortgage rates drives uptick in applications

Feb 26, 2020 |

Mortgage applications took a turn for the better this week, reversing course from last week’s decline. The Mortgage Bankers Association indicates mortgage applications increased by 1.5% from the previous week, which saw a 6.4% decrease. “Last week appears to have been the calm before the storm,” said Mike Fratantoni, MBA’s senior vice president and chief economist. […more]

Posted in: San Francisco

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