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Loan Modification
: The Truth About Mortgage.comRefinance Share Lowest Since October
By scot184
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Mortgage demand slipped week-to-week thanks to lackluster refinance activity, the Mortgage Bankers Association said today.
The home loan application index fell 4.2 percent on a seasonally adjusted basis (-3.9% unadjusted) for the week ending March 19.
Refinances were off 7.1 percent compared with the previous week, while the seasonally adjusted purchase index climbed 2.7 percent.
The unadjusted purchase [...]Full post as published by The Truth About Mortgage.com on March 24, 2010 (boomark / email).
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