U.S. mortgage applications fall to lowest since Dec 2000: MBA


U.S. mortgage applications fall to lowest since Dec 2000: MBA

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 7.2 percent in the week ended Sept. 5. Fixed 30-year mortgage rates averaged 4.27 percent in the week, up from 4.25 percent the week before.

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