BELLINGS

Mortgage applications rise 0.8%, ARM share now at 8%

The ARM share rose to 8%, its highest level in 5 weeks

The ARM share rose to 8%, its highest level in 5 weeks

BELLINGS Intelligence Score: 10

Why it matters

A 0.8% rise in mortgage applications with ARM share at 8% is routine market activity without material impact on credit conditions or monetary policy expectations.

Sources