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Loan Modification

: The Truth About Mortgage.com

Purchases Make Up Nearly Half of All Mortgage Applications

By scot184

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If purchase activity is making up close to half of all mortgage activity, things can?t be good. Mortgage rates surged for the second straight week, pushing the refinance share of mortgage applications closer to fifty percent, according to the MBA. Mortgage application volume slipped 7.2 percent on a seasonally adjusted basis for the week ending June 5, [...]

Full post as published by The Truth About Mortgage.com on June 10, 2009 (boomark / email).

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