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Sep 09

Mortgage Applications Rise to a 3-Month High

Posted By
Sep 09, 2009 / 08:09
1

According to a report from the Mortgage Banker’s Association, mortgage applications rose 17% last week, as consumers took advantage of low interest rates. Although refinancing loans dominated demand, applications for home loans hit their highest level since early January. A 30-year fixed-rate mortgage averaged 5.02%,  down .13% from the previous week, but rates were still shy of the all time low set in March. 

http://www.cnbc.com/id/32752695

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Comments

John Geraci September 09, 2009 18:08

Hi Tracy, If you ever need someone to speak or info about mortgages or modifications I worked as a Financial advisor for 10+ years and really do like to help people. It is really ashame the bad practices that where done by many people that has realy hurt so many hard working people today. Let me know. Thanks John

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