Mortgage rates drop but not low enough to spur lendingĀ
Housing Wire
AUGUST 8, 2022
Mortgage rates trended down in July from their peak above 6% in June, but that wasn’t enough to spur mortgage lending activity. from June , marking four straight months of decline, according to Black Knight ‘s originations market monitor report. Rate lock volume in July fell 14.4% The decline was led by 16.9%
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