US mortgage applications jump over six per cent in one week as rates drop
Mortgage applications have risen by 6.4 per cent in the week to 25 October according to the Mortgage Bankers Association (MBA).
The MBA's 30 year fixed mortgage rate fell from 4.39 per cent to 4.33 per cent.
Lower rates = more mortgages #simples
— World First (@World_First) October 30, 2013