Mortgage Applications Increase and the FMOC Maintains a Rate Target of 0% to 1/4%
{ Posted on jun 25 2009 by Seeker }
Mortgage loan applications increased this past week as mortgage rates stabilized. The rapid increase in mortgage rates the past month put a damper on mortgage applications and mortgage refinance activity. Mortgage rates have stabilized since U.S. Treasury prices leveled off from their recent highs. The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey. Their [...]
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