: Adjustable-rate mortgage applications rise to highest level since March 2008. House buyers take risk on rates falling (eventually). Posted on October 20, 2022 By Charlielikes 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%. Stock Market Tags:‘take, ‘to, 2008, adjustable-rate, applications, billy wilkins, buyers, eventually, falling, highest, house, level”, march, market, mortgage,, on, rates, rise’, risk, since, stock, stock market