Demand for Mortgages Rises Despite Rates
Posted in Mortgages, Rates on April 9th, 2008 No Comments »
According to the Mortgage Banker’s Association the number of mortgage applications increased 5.7% last week on a seasonally adjusted basis. On an unadjusted basis the index rose 10.9% compared with the same week last year.
What you might be thinking is that people are just refinancing much more often due to the fear that rates may […]