Mortgage Refinance Applications Rise

Sunday, 31 January 2010, 20:48 | Category : Bad Credit Loan Tips, Mortgage News, Mortgage Rates
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As the average interest rate for the thirty-year mortgage with a fixed rate fell back toward the 5% mark last week, the Mortgage Bankers Association’s Weekly Mortgage Applications Survey found a corresponding increase in home refinancing applications. For the week ending Jan. 15, 2010, the Market Composite Index, a measure of refinance loan application volume, [...]