Refinance Poised for Further Rate Declines

The latest results from the Mortgage Bankers Association's (MBA) Weekly Application Survey for the week ending September 4 show an increase of 2.9% in the Market Composite Index from the previous week on a seasonally adjusted basis. Purchasing and refinancing activity increased from the previous week by 2.6% and 3%, respectively. MBA's tracked contract rate of the 30-year fixed-rate mortgage... Read More › The post Refinance Poised for Further Rate Declines first appeared on Eye On Housing ....(read more)

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