Home Loan Applications Rise as Mortgage Rates Fall to Near 19-Month Low

Mortgage applications rose as home loan rates dropped to a 19-month low, according to the Mortgage Bankers Association.
Home Loan Applications Rise as Mortgage Rates Fall to Near 19-Month Low
A 'For Sale' sign is displayed outside of a home for sale in Los Angeles on Aug. 16, 2024. Patrick T. Fallon / AFP / Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Mortgage applications rose for the first time in weeks as home loan rates dipped to their lowest levels in about 1 1/2 years, according to the Mortgage Bankers Association (MBA)

The MBA’s weekly applications survey for the week ended Sept. 6 reported a 1.4 percent increase in overall mortgage-application volume, boosted by a 2 percent rise in home-purchase applications, according to data released by the organization on Sept. 11.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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