Industry News

Real estate refinancings gain market share

Loan applications rise along with interest rates
Published on May 17, 2006

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by CareyBot

Overall mortgage applications rose 4.6 percent last week on a seasonally adjusted basis from the week before, with refinancings fueling the increase, the Mortgage Bankers Association reported today. The seasonally adjusted refinance index increased by 8.4 percent to 1,546.8 from ...