Home Sales Continue Higher as Rates Retreat to 2014 Lows

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MARKET INDICATORS    

• Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.10% to 4.41% on Jan. 16
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Home Sales Continue Higher as Rates Retreat to 2014 Lows 

By Jann Swanson - The volume of mortgage applications increased again during the week ended January 17 according to information released this morning by the Mortgage Bankers Association (MBA). The MBA's Market Composite Index, a measure of that volume, increased 4.7 percent on a seasonally adjusted basis from one week earlier and was up 7 percent on a non-adjusted basis. >>Read More