Very Low Mortgage Rates and Stronger Purchase Activity Drive Mortgage Applications Up

November 26, 2008 by admin · Leave a Comment
Filed under: Mortgage articles 

Last week, the number of Americans applying for mortgages increased slightly over the previous week, according to a report released today by the Mortgage Bankers Association (MBA).

The Index, which measures and compares mortgage loan application volume from week to week, showed that for the week ending November 21 mortgage activity increased 1.5% from the previous week’s numbers. The number of refinance applications posted a Read more