Mortgage applications up 4.5% Around Town, posted by , a resident of , on Dec 18, 2012 at 11:20 pm
Mortgage applications increased 4.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 30.
Read the full story here Web Link posted Monday, December 17, 2012, 8:35 AM
Posted by Alicia, a resident of the California Reflections neighborhood, on Dec 18, 2012 at 11:20 pm
Of course mortgage application would go up since it has been reported a few days ago that mortgage interest rates went even lower record low. Probably people feel more confident with their multiple loans (take a look at PaydayLoans@ Compnay Web Link ). Another very important thing is that it is significantly difficult to get approved for one. A lot of customers even have to switch their banks to another ones, because conditions that their banks offer are simply not acceptable.Thanx for the post though.