Mortgage Applications Rise 2.3% as Rates Hit Three-Week Low

CNBC, Feb. 8, 2017–Diana Olick
Mortgage rates have been wavering in a tight range, but a slight decrease last week helped put some energy back into the mortgage market. “Since reaching a recent peak of almost 4.5 percent toward the end of December, rates have bounced around the 4.3 percent mark for the past six weeks,” said MBA economist Joel Kan.

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