Industry News

Rush to refinance continues for 5th week

Interest rates drop significantly in latest MBA survey
Published on Aug 23, 2006

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by CareyBot

Overall mortgage applications inched up 0.1 percent last week on a seasonally adjusted basis from the week before, taken higher by borrowers scrambling to refinance, the Mortgage Bankers Association reported today. The seasonally adjusted refinance index increased by 1.3 percent ...