Weekly Mortgage Applications – 12-02-16

weekly-mortgage-applications-12-02-16

December 02 2016 Weekly Mortgage Applications

  • Percent Change for Weekly Residential Mortgage Applications
  • Mortgage applications decreased 0.7 percent for the week ended December 02, 2016
  • Mortgage apps have decreased for 5 weeks in the last 7 weeks reviewed
  • Mortgage apps move in the inverse direction of rates. Rates have jumped up due to stocks moving up and the anticipated federal reserve bank rate increase
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