InvestorsHub Logo
Followers 219
Posts 247348
Boards Moderated 2
Alias Born 04/06/2006

Re: None

Wednesday, 09/28/2022 7:17:26 AM

Wednesday, September 28, 2022 7:17:26 AM

Post# of 648882
Mortgage rates double vs. year ago, refinancing hit a 22 year low


Data gathered by the Mortgage Bankers Association's Weekly Mortgage Applications Survey showed mortgage loan applications decreased 3.7% on a seasonally adjusted basis for the week ending Sept. 23 compared to the previous week. On an unadjusted basis, the Market Composite Index decreased 4% compared with the previous week.

The Refinance Index decreased 11% from the previous week and was 84% lower than the same week one year ago.full
https://www.foxbusiness.com/economy/mortgage-rates-double-vs-year-ago-refinancings-hit-22-year-low-survey

Pray for A Pain Free Day!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.