U.S. mortgage rates fall to a five-month low but demand remains ‘tepid’
The numbers: U.S. mortgage applications dipped, despite rates falling to the lowest level in five months. The 30-year rate dropped 24 basis points in the last week to the lowest level since June 2023. Even though rates moved lower, that failed to boost home-buying and refinancing demand. The…
#mba #veteransaffairs #mikefratantoni #treasury #bx #tmubmusd10y