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Loan Modification

: The Truth About Mortgage.com

Refi and Purchase Activity Continues to Diverge

By scot184

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For the third straight week, refinance activity increased while applications to purchase a home fell, the Mortgage Bankers Association said today. The result is the highest reading of the refinance index since October, and the lowest purchase index reading since April 1997. In the latest survey, refinance applications increased 17 percent from one week earlier, while purchase [...]

Full post as published by The Truth About Mortgage.com on May 26, 2010 (boomark / email).

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