Weekly Mortgage Applications – 10-28-16

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October 28 2016 Weekly Mortgage Applications

  • Percent Change for Weekly Residential Mortgage Applications
  • Mortgage applications decreased 1.2 percent for the week ended October 28, 2016
  • Mortgage apps have oscillated between increases and decreases over the last few weeks
  • Mortgage apps move in the inverse direction of rates. Rates vary due to stock fluctuations and due to less than expected financial results or less than expected job growth
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