Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Weekly Mortgage Demand Slides 6% as Rates Rise

Monday, Oct 25 2021
Lending
Written by  The Mortgage Leader

Mortgage demand for home purchases and refinances has fallen once more amid a recovery in mortgage interest rates. So reports CNBC.

MBAFor the week ending October 15, total application volume tracked by the Mortgage Bankers Association's seasonally adjusted index dropped 6.3%.

Refinances fell 7% on the week to their lowest level since July.

Read the full article from CNBC. 

 

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