Weekly Mortgage Applications – 02-19-16

Weekly Mortgage Applications - 02-19-16

February 19 2016 Weekly Mortgage Applications

  • Percent Change for Weekly Residential Mortgage Applications
  • Mortgage applications decreased 4.3 percent for the week ended February 19, 2016
  • Mortgage apps generally tend to follow the inverse of interest rates
  • However,rates have fallen over last five weeks.The drop could be temporary.We will see mortgage app increases next week.
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