International Economic

US mortgage applications sink by nearly 11%

By Benjamin Chiou

Date: Wednesday 06 Nov 2024

(Sharecast News) - US mortgage applications continued to decline over the last week of October, according to data out on Wednesday from the Mortgage Bankers Association, as mortgage rates remained elevated.
The MBA Market Composite Index, which tracks weekly mortgage loan application volumes across the country, fell by 10.8% on a...

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