www.allsides.com
Mortgage demand tumbles as interest rates rise to highest level since December
A key measure of home-purchase applications slumped last week amid a sharp increase in mortgage rates.
The Mortgage Bankers Association's (MBA) index of mortgage applications fell 2.3% for the week ended Feb. 9‚ compared with the previous week‚ according to new data published Wednesday.Â
The data also showed that the average rate on the popular 30-year loan rose to 6.87%. While that is down from a peak of 8% in October‚ it marks the highest level for interest rates since December...
News Feed (Home)
Popular Posts 
Events 
Blog 
Market 
Forum 
Go LIVE!
Headline News
VidWatch
Game Zone
Top PodCasts
