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Real Estate & Property Law

: Housing Wire

MBA Says Low Rates Boost Refi Applications

By AUSTIN KILGORE

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Mortgage application volume surged last week on increased borrower interest in refinance mortgages, which may have been triggered by the historically low interest rates experienced in the market, the Mortgage Bankers Association (MBA) said. MBA?s market composite index of gross mortgage applications increased 8.5% on a seasonally adjusted basis for the week ending December 4. Last [...]

Full post as published by Housing Wire on December 09, 2009 (boomark / email).

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