: Adjustable-rate mortgage applications rise to highest level since March 2008. House buyers take risk on rates falling (eventually).
: Adjustable-rate mortgage applications rise to highest level since March 2008. House buyers take risk on rates falling (eventually).
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Mortgage applications fell 4.5% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.94%.
Mortgage applications fell 4.5% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.94%.

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