Mortgage applications have fallen for the last five weeks as the 30-year fixed-rate mortgage has risen. The mortgage rate is now at its highest level since December 2000. This rise in mortgage rates is causing many potential home buyers to hold off on their purchase.

You can read this full article at: https://www.housingwire.com/articles/mortgage-demand-sinks-for-fifth-consecutive-week/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.