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According to the MBA’s seasonally adjusted index, total mortgage application volume rose by 2% to 569.8 in the week ended September 6. For 30-year fixed-rate mortgages, the average interest rate dipped by 5 basis points to 3.82%, the lowest since November 2016.
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The Rise of Digital Lending Platforms: Transforming the Mortgage Originating Process
Discover how digital lending platforms are transforming mortgage originating processes, enhancing efficiency, personalization, and compliance.
Estimated reading time: 0 minutes, 23 seconds
Mortgage Applications Rise on Lower Rates: MBA
As U.S. home mortgage rates dipped to new three-year lows, mortgage applications to buy or refinance a home increased in early September, the Mortgage Banking Association’s weekly data show. So reports Reuters.
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