Due to Low Mortgage Interest Rates Homeowners Continue to Apply for Mortgages in Record Numbers

December 31, 2008 by admin · Leave a Comment
Filed under: Mortgage articles 

Undaunted by the holiday season, consumers continued to apply for mortgages in record numbers last week, according to the latest Weekly Mortgage Applications Survey, released today by The Mortgage Bankers Association (MBA).

The MBA reports that its Market Composite Index, which measures mortgage loan application volume, shows the number of people applying to refinance their mortgage”:/refinance dipped only 0.4 percent while the purchase Read more