Housing market stays hot into fall with mortgage applications up 6.8%
Housing Wire
SEPTEMBER 23, 2020
According to Mike Fratantoni, chief economist and vice president of research and technology at MBA, 2003 was the last time refinance activity was as high as the $1.75 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) rose to 3.1% of total applications from 62.8%
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