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