Refi applications plunge 30%
Demand at 7-month low
By Inman News, Wednesday, July 1, 2009.Applications for mortgage refinancings fell 30 percent last week to their lowest level since November, the Mortgage Bankers Association said.
The MBA's Weekly Mortgage Applications Survey for the week ending June 26 also showed a seasonally adjusted drop of 4.5 percent from the previous week.
more...
Copyright 2009 Inman News
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
