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home / news releases / MORT - Mortgage Purchases Decline Barely Making A Dent


MORT - Mortgage Purchases Decline Barely Making A Dent

  • The 30-year national average for a fixed-rate mortgage has remained fairly stable without any significant uptick.
  • Despite mortgage rates remaining relatively stable, there has been a downward move in purchase applications in recent weeks.
  • The MBA’s weekly reading on purchases fell 2.56% week over week to the lowest level since May.

For further details see:

Mortgage Purchases Decline Barely Making A Dent
Stock Information

Company Name: VanEck Vectors Mortgage REIT Income
Stock Symbol: MORT
Market: NYSE

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