MBA: Mortgage Refinance activity slows as rates rise, "Sand States" now "HARP states"
MBA: Mortgage Refinance activity slows as rates rise, "Sand States" now "HARP states"
The Refinance Index decreased 9.3 percent from the previous week. The seasonally adjusted Purchase Index decreased 1.0 percent from one week earlier. ... The refinance share of mortgage activity decreased to 73.4 percent of total applications, the lowest since July 2011, from 75.1 percent the previous week.
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MBA: Mortgage Refinance activity slows as rates rise, "Sand States" now "HARP states"
The Refinance Index decreased 9.3 percent from the previous week. The seasonally adjusted Purchase Index decreased 1.0 percent from one week earlier. ... The refinance share of mortgage activity decreased to 73.4 percent of total applications, the lowest since July 2011, from 75.1 percent the previous week.
Read More.. and DISCUSS