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Loan Modification

: The Truth About Mortgage.com

Higher Mortgage Rates Dent Refinance Activity

By scot184

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The absence of super low mortgage rates killed refinance activity last week, revealing just how weak the mortgage market is without government manipulation, according to the MBA. Mortgage application volume slipped 16.2 on a seasonally adjusted basis (35.2 percent unadjusted) during the week ending May 29, but was still up 14.4 percent compared with the same [...]

Full post as published by The Truth About Mortgage.com on June 03, 2009 (boomark / email).

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