Positive Signs for Mortgage Applications

August 14, 2019 Mike Albanese

Data from the Mortgage Bankers Association shows a 21.7% increase in mortgage applications for the week ending August 9.  The Refinance Index increased 37% from the previous week to the highest level since July 2016 and grew annually by 196%.  "The 2019 refinance wave continued, as homeowners last week responded to extraordinarily low mortgage rates. ...

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