Mortgage Applications Hold Steady as Rates Remain Low

CNBC, June 21, 2017–Diana Olick
After surging to the highest level since the presidential election, demand for home loans remained steadily elevated last week. “The recent pause in the upward movement of interest rates continues to encourage late-to-the-game borrowers to refinance and to assist those ready to purchase,” said Mortgage Bankers Association Economist Lynn Fisher.