MBA: Mortgage Refinance Activity Increases, Purchase Activity Declines "Sharply"
MBA: Mortgage Refinance Activity Increases, Purchase Activity Declines "Sharply"
The Refinance Index increased 8.0 percent from the previous week, but was 16.3 percent lower than the same week last year. The seasonally adjusted Purchase Index decreased 9.1 percent from one week earlier . ... "Unprecedented volatility in the stock market last week amid additional signs that the economy has slowed led to further drops in mortgage rates, with the 15-year rate reaching a new low ...
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MBA: Mortgage Refinance Activity Increases, Purchase Activity Declines "Sharply"
The Refinance Index increased 8.0 percent from the previous week, but was 16.3 percent lower than the same week last year. The seasonally adjusted Purchase Index decreased 9.1 percent from one week earlier . ... "Unprecedented volatility in the stock market last week amid additional signs that the economy has slowed led to further drops in mortgage rates, with the 15-year rate reaching a new low ...
Read More.. and DISCUSS