AssetID: 53082101
Headline: Mortgage Rates Surge to 23-Year High
Caption: Consumer demand for home loans has cooled as rates continue to surge, Fox News reports. On Sept. 27, new data from the Mortgage Bankers Association showed that mortgage applications dropped 1.3% last week. The average 30-year loan rate jumped from 7.31% to 7.41%.
Keywords: Mortgage,Rates,Surge,23 Year High,Loans,Home,Housing,Market,House,Fox News,Mortgage Bankers Association,Applications,Joel Kan,Homebuyers,Treasury Yields
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