Applications to refinance fell 7.4% last week, and home applications fell 10.3%, but total applications were still at one of their highest levels since early June, as buyers hurried to take advantage of the $8,000 first-time home buyer tax credit before the November 30th deadline.
Average rates for 30-year fixed rate mortgage rose to 5.08%, while 15-year fixed rate mortgages and one year adjustable-rate mortgages fell, according to the Mortgage Bankers Association.
http://www.reuters.com/article/economicNews/idUSNYS00541420090916
Do you Want to say something?