![Mortgage demand surges to 5-week high after recent drop in mortgage rates](https://cdn.newsserve.net/ONPglobe256.png)
Mortgage demand surges to 5-week high after recent drop in mortgage rates
A key measure of home-purchase applications rose to the highest level in five weeks as consumer demand roared back to life amid a recent drop in mortgage rates. The Mortgage Bankers Association's (MBA) index of rose 2.8% last week, compared with the previous week, according to new data published…
#mba #double #swordforeconomy #joelkan