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Weekly mortgage applications soar nearly 27% on a big rate drop

Weekly mortgage applications soar nearly 27% on a big rate drop thumbnail

Consumers saw an opportunity last week and took it in a big way. Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjus…

Consumers saw an opportunity last week and took it in a big way.
Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjus…
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