Weekly Mortgage Applications – 07-01-16

Weekly Mortgage Applications - 07-01-16

July 01 2016 Weekly Mortgage Applications

  • Percent Change for Weekly Residential Mortgage Applications
  • Mortgage applications increased 14.2 percent for the week ended July 01, 2016
  • Decreasing rates are helping mortgage apps increase
  • Mortgage apps move in the inverse direction of rates.Rates vary due to wild stock fluctuations and due to less than expected financial results or less than expected job growth.The impact of Brexit has brought in flight of capital to fixed securities in the US
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