easygoingdude
New Member
Interesting:
Last week, the number of consumers filing mortgage applications increased 1 %, boosting the overall number by 7%, when compared to the same time last year. This pushed up total number of applications to a level that hasn't been seen since April 2010.
Moreover the total volume jumped 14%, when compared to the same week 12 months ago.
But ever though applications to refinance a home fell by 8% last week, they are still 26% higher than a year ago. This could be in part due to the fact that interest rates for such loans were higher a year ago.
Homeowners Not Retreating
Rest
Last week, the number of consumers filing mortgage applications increased 1 %, boosting the overall number by 7%, when compared to the same time last year. This pushed up total number of applications to a level that hasn't been seen since April 2010.
Moreover the total volume jumped 14%, when compared to the same week 12 months ago.
But ever though applications to refinance a home fell by 8% last week, they are still 26% higher than a year ago. This could be in part due to the fact that interest rates for such loans were higher a year ago.
Homeowners Not Retreating
Rest
