MBA Mortgage Applications Fall 7.8% in Week Ending May 16

Weekly mortgage applications in the United States
fell in the week ending May 16, according to goods from the Mortgage
Bankers’ organization (MBA) on Wednesday, which said applications declined
by 7.8% week-over-week.

In the preceding week, applications rose by 2.9%.

The portion of fixed-rate mortgages decreased…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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