mortgage applications decrease


P

parmjudge

U.S. mortgage applications fell slightly last week, led by a decline in
home refinancing loans as interest rates hit their highest in four
years. seasonally adjusted index of mortgage application activity for
the week ended June 16 decreased 0.8 percent to 567.6 from the previous
week's 571.9.Borrowing costs on 30-year fixed-rate mortgages, excluding
fees, averaged 6.73 percent, up 0.12 percentage point from the previous
week, its highest level since May 10, 2002 when it reached 6.76
percent.
For more info visit www.themortgagebanks.com
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top