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Mortgage Applications Up 6.3% Last Week Thanks To Low Interest Rates

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Real Estate Agent with Cell: 703-677-1120

Mortgage applications rose 6.3% last week as more homeowners filed purchase applications and refinanced their home loans.

The Mortgage Bankers Association said its refinance index increased 6% last week after three weeks of declines.

The trade group said the refinance index is not seasonally adjusted but does include an adjustment for Labor Day. On an unadjusted basis, refinancings fell 15.2% and are down 23.5% from a year earlier.

The purchase index climbed 7% from a week prior, while the unadjusted purchase index fell 16.2%. The unadjusted overall composite index decreased 15.4% from the prior week.

The refinance share of mortgage activity represented 77.3% of total applications, compared to 77.1% a week earlier.

The MBA said the average interest rate for a 30-year fixed mortgage slid to 4.17% last week from 4.23% a week prior. The average rate for a 15-year fixed mortgage inched down to 3.4% from 3.41%.

CLICK HERE NOW to search for homes.  Use the tools on the right side of the page to specify your needs, then select SEARCH, then select SAVE SEARCH and you will get daily updates of homes that fit your wishes. Woodbridge is in Prince William County.

Contact Erick Blackwelder  of Erick and Company  of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-677-1120 for Erick, or 703-590-2252(Office). 

You can call us to  "GET YOUR HOME SOLD FAST".  We serve Woodbridge,  Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City, Gainesville, Garrisonville and Triangle area's. In summary, we serve all of Prince William County Virginia.

You can find out more by calling/texting Erick at 703-677-1120, or shoot him an email right now 

 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Don't forget if you have a home to sell Peggy James my listing specialist for Erick and Company can send you a free market evaluation of your home. Fill out this form or call our office at 703-590-2252. We service buyers and sellers in Lake Ridge,Woodbridge, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville, Quantico, Fort Belivor and Mount Vernon area's. 

 Erick Blackwelder, Exit 1st Choice Realty, Northern Virginia

Equal Housing OpportunityExit 1st Choice Realty-Woodbridge Virginia
 
 
 
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Erick BlackwelderCall or text Erick Blackwelder right now for help finding a home, or help selling your house.  

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CLICK HERE NOW to search the Multiple Listing Service (MLS) for homes for sale in and around Woodbridge, Lorton, and Mount Vernon.

Exit Realty Associates
8998C Lorton Station Blvd
Lorton, VA  22079
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