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Loan Modification

: The Truth About Mortgage.com

Refis Slide as Mortgage Rates Jump

By scot184

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Refinance activity crashed during the week ending May 22 as mortgage rates saw their largest increase in months, according to the MBA. The group?s home loan application index slipped 14.2 percent on a seasonally adjusted basis (13.8 percent unadjusted) during the week, though lending was still up 28.5 percent compared to a year earlier. Refinance activity was [...]

Full post as published by The Truth About Mortgage.com on May 27, 2009 (boomark / email).

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