Mortage Update: 83% of all activity are Refi’s
By: Myles, December 29th, 2008
Near record low mortgage rates spurred a 62 percent spike in refinance activity, while purchase applications increased 10 percent. Refinance activity continues to surge as mortgage rates neared record lows. Here is all the lastest detail …….
Refiances Dominate: According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey, the refinance share of mortgage activity […]
Tags: Mortage Data, Refinances
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