Applications for mortgages in the US dropped 2.7% last week, marking the sixth consecutive week of decline, the Mortgage Bankers Association said. The trade group's refinance index decreased 4% to the lowest level since 2008.
Decline in mortgage applications extends into 6th week
Sign up for Real Estate Investment SmartBrief
News about REITs and real estate investment
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.