Mortgage News
Mortgage and Refinance applications go up as Rates decline
| Shared by Samantha on Wed Apr 16, 2008 5:36 am | |
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As interest rates on 30 year fixed rate mortgages dropped down to 5.74% from 5.78%, the mortgage application volume went up by 2.5% during the week ending April 11. Traditional 15 year FRMs, a popular option for refinancing also recorded a low rate as a result of which refinance applications also moved up in volume. Source: http://www.forbes.com/feeds/ap/2008/04/16/ap4895437.html |
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| Community Members Opinion | |||||||
jerry
 Joined: 17 Oct 2005 Moderator Posts: 1777 Location: MICHIGAN 265.80 Dollars($) |
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Niicss
 Joined: 03 Oct 2005 Posts: 2620 Location: New Jersey 409.63 Dollars($) |
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