Real estate blog entries tagged with mba by Spokane Home Loan -- Casey Brischle -- Mortgage Professional (Columbia Bank)

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Home : Blogs : Spokane Home Loan -- Casey Brischle -- Mortgage Professional : Casey's Blog : Tag "mba"

mba: Mortgage Activity is up!! Rates forecasted to rise. - 02/03/10 06:03 PM

For the past couple weeks or so mortgage rates have held relatively steady. Most pricing about 5.0% with rates dropping as low as 4.75% here or there (30yr fixed mortgage).
This morning (2/3/10), the Mortgage Bankers Association released their weekly Mortgage Applications Index. The survey covers over 50% of all residential mortgage applications taken by banks thoughout the US. The point of the survey is to display consumer demand for mortgage loans. Obviously, if inital applications were to rise, it would point to an increase in home buying interest, a key component not only to the housing market, but the economy … (2 comments)

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Spokane Home Loan -- Casey Brischle -- Mortgage Professional

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