Industry News

Refinancings hit highest level since March

Long-term interest rates slide again in latest survey
Published on Oct 31, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Another drop in interest rates last week pushed refinancing activity to its highest level in nearly eight months, the Mortgage Bankers Association reported today. The MBA’s market composite index, a measure of total mortgage application volume, gained 3.8 percent last ...