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MORT - Mortgage Purchases Decline Barely Making A Dent
November, 12 2020 02:47 AM
VanEck Vectors Mortgage REIT Income
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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