Some Positive Signs of Spring in a Cold Winter Market????

Mortgage and Lending

Some Positive Signs of Spring in a Cold Winter Market????

The weekly Wed. mortgage application report had some positive news today. It showed a nice move up in activity following the MLK holiday week.

The numbers read like this.

Refinance Applications Rose: 11.7%

Purchase Applications Rose: 9.5%

What is great about these numbers is that there wasn't a significant move in rates since last weeks' report. Why is this important? Usually the refinance applications follow the rates. Rates move down applications move up, but not so this week. We had pretty stable rate movement and applications growth. This week could give us another positive boost if the Jobs Report on Friday shows some growth and maybe a tick down in the unemployment rate which is still over 9% with little movement down. Let's keep our fingers crossed.



Let's All Think Positive and Think Spring

Positive Energy = Postive Results



Posted by


John B. Saari


Direct Cell: 508-740-7442

Secure Fax: 781-503-1478

The QR Code To My Published Mortgage Application freemortgagebuddy



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Massachusetts Worcester County
RE/MAX Active Rain Bloggers
Prudential Network
Keller Williams Active Rain Bloggers
mortgage rates
mortgage applications
john saari

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


John Saari

"The Mortgage Buddy"
Ask me a question
Spam prevention

Additional Information