Interest Rates falling on Mortgages – Mortgages

Interest: “The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.6% in the group’s seasonally adjusted composite index. That followed a rise of 1.9% for the previous week. The prior week’s report was adjusted to account for the July Fourth holiday. Mortgage loan rates increased on three types of loans…

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