New Purchase Mortgage Applications Fall as Housing Supply Tightens

May 22, 2021 |

The mortgage bankers association released numbers Wednesday that showed new purchase mortgage applications fell 4% from the previous week. Overall loan application volume increased 1.2% partly due to a 4% increase in refinance applications. Interest rates rose to an average 3.15% last week.  FHA applications fell to 9.2% of total applications, down from 9.9% the […more]

Posted in: Fort Myers / Naples

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