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Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop - Arbor Realty Trust (NYSE:ABR), Invesco Mortgage Capital (NYSE:IVR) : comparemela.com
Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop - Arbor Realty Trust (NYSE:ABR), Invesco Mortgage Capital (NYSE:IVR)
Mortgage applications in the US saw a 1.9% increase for the week ending May 17, continuing an upward trend. Refinancing applications surged by 7% and stocks of mortgage-sensitive firms are on the rise.
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