Darkness, Darkness! Recession Fears Push Mortgage Rates Down And MBA Purchase/Refi Applications Up (Home Prices Up 20.9% YoY In May)
by confoundedinterest17 Biden’s new campaign theme for the midterms: economic darkness, darkness. Well, this is one way to get inflation under control … crash the economy. And inflation fears growing, we are seeing mortgage rates declining and mortgage applications increasing. Mortgage applications decreased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s … Read more