19-Year Application High for Government-Insured Mortgages
{ Posted on jul 12 2009 by Seeker }
(No Ratings Yet) Loading …Email This PostGovernment-insured loans in June reached its highest share of mortgage applications since 1990, according to the Mortgage Bankers Association (MBA). The MBA’s Weekly Mortgage Applications Survey found that the Federal Housing Administration (FHA) and the Veteran Administration (VA) backed 35.9% of all mortgage applications in the month of June, spiking from 25.7% from a month earlier [...]Read more….Related articlesBad News for Banks: Mortgage Apps at 7
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