Comments on:

US mortgage applications tumble to a 13-year low

Back to the article » |
WASHINGTON (AP) — The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The Mortgage Bankers Association says applications fell a seasonally adjusted 6.3 percent last week from a week earlier. Applications are now at a 13-year low. The drop-off follows a 1 percentage point increase in mortgage rates...

To learn more about commenting on and our community guidelines, please see our comments FAQ.