Commentary: Restore prices, credit to halt foreclosure wave
Refi application volume down
Making Home Affordable program expanded
Freddie Mac: Applications up last week
Demand dropped off last week
Demand for ARMs has evaporated
Refi gains outweigh slump in purchase applications
First-quarter profits beat all of 2008
Revenue has shrunk for 11 straight quarters
Borrowers can explore refi, loan mod, counseling options
Rates ease, but lenders increasing points
Still under 5% for borrowers with good credit
Applications up 141% from a year ago
30-year fixed down nearly 2% from July
Low rates spur boom