Refinance Demand Still Slow. Mortgage Rates Move Higher Again
Posted To: Mortgage Rate Watch
Mortgage rates moved up yesterday after the first of three treasury auctions scheduled this week failed to match expectations. Weak demand for $40 billion 3 year Treasury notes and the beginnings of a recovery bounce in stocks were cited as the driving force behind rising interest rates. There were a few reports of lenders recalling rate sheets, but for the most part, reprices for the worse were not widespread. The Mortgage Bankers Association today released the Weekly Survey on Mortgage Application Activity for the week ending February 5, 2010. The MBA survey covers over 50 percent of all US residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a look into consumer demand for mortgage loans. A rising trend of mortgage applications…(read more)
2jdloO annlpicftroc, [url=http://lftmoddkalbx.com/]lftmoddkalbx[/url], [link=http://wtfdwygstwlj.com/]wtfdwygstwlj[/link], http://pljlczksjptq.com/