Mortgage Applications Are on the Rise
The Pro Builder
SEPTEMBER 19, 2024
As mortgage rates begin to come back down, both fixed-rate mortgage and refinancing applications are on the rise. According to the Mortgage Bankers Association, mortgage applications rose by 14.2% in the week ending Sept. 13, 2024. Refinancing applications also increased by 24% from the previous week and were 127% higher than at the same time last year.
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