Mortgage Bankers Association

Money Moves

Reports applications rose 6.2% in the week after rates fell; refinances rose 5% and purchases 8%, though volume remains below year-ago levels

Mortgage rates fell for four straight weeks to 7.11% on Nov. 12. The relief may be over: October consumer prices rose 0.4%, and Mortgage News Daily's 30-year rate jumped 12 basis points to 7.30% on Nov. 10.

Updated 2 days ago