More bad mortgage news: Originations fall to 4-year low due to rising interest rates

The signs were all there. It was clear that mortgage originations were trending down as interest rates rose, but it’s still striking to see the results in black and white. According to newly released data, mortgage originations plummeted to a four-year low during the second quarter, driven by a sharp decline in refinances due to increasing interest rates. 13 September 2018, 08:00

Source: Real Estate

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