Amid still-high mortgage rates and near record-high home prices, there’s a silver lining if you own a home. Pla2na/Shutterstock
In what could be promising news for potential homeowners, a Sept. 10 report from the Mortgage Bankers Association (MBA) shows that U.S. national mortgage applications rose to a three-year high last week, as mortgage rates fell to an 11-month low.
The MBA reported a 9.2 percent rise in weekly mortgage applications nationwide, as 30-year fixed mortgage rates dipped to 6.49 percent for the week ended Sept. 5.
