Mortgage Applications Bounce Right Back with Rate Drop

Mortgage Applications Rise as Rate DipsMortgage Rates Back Up, and Purchases are up 32% from 1 Year Ago!

Good news for the real estate market from last week’s mortgage rate data, as reported by the Mortgage Bankers Association. Not only did mortgage application volume bounce right back after rates dipped, but applications for new purchases are actually up 32% compared to 1 year ago!

Read the full mortgage news article here.

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