Industry News

Activity climbs for real estate refinancings

Long-term rates sink in latest mortgage bankers survey
Published on Oct 27, 2004

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by CareyBot

Despite a seasonally adjusted decline in overall mortgage applications last week, refinancings posted gains, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted refinance index increased by 3.6 percent to 2,233.8 from 2,155.2 one week earlier. The ...