<< Read Full Article
<< Read Full Article
Mortgage Market Feels Some Pain
The recent run-up in long-term market interest rates appears to be weighing on mortgage lending.
The Mortgage Bankers Association Wednesday said its survey of activity for the week ended March 18 was down 9.5% from a week ago and 39.3% from a year ago. Mortgage lending has now declined in five of the past six weeks.
Purchases decreased by 3.5%, while applications for refinancing slumped 16.5%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet