Rates also took a breather after three weeks of consecutive increases
As broadly predicted, the Fed hiked the benchmark interest rate this week. But what does that mean for originators?
Mortgage applications dropped last week as rates fell
Fixed mortgage rates have edged up, new data from Freddie Mac shows
Mortgage applications have fallen as interest rates rose last week
Mortgage applications were up last week as interest rates fell, according to data released by the Mortgage Bankers Association
Mortgage rates moved down this week in the wake of weaker-than-expected economic and housing data
Mortgage applications were down for the second week in a row last week as rates continued to rise