Mortgage Application Activity Evaporates as Data Catches Up With Rates
The Mortgage Bankers Association (MBA) didn’t publish updated weekly application numbers last week, which meant that this week’s data had…
Tag: Data
Mortgage Rates Make a Modest Recovery Ahead of Important Inflation Data
Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly higher than…
Mortgage Rates Drop Back to Last Week’s Levels After Softer Inflation Data
We knew that today’s Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential…