February ended with a higher demand on mortgage application for home purchases according to the Mortgage Bankers Association's Market. The BMBC index increased by 1.2 percent. Refinances decreased 1.5 percent on the earlier week per the index and the seasonally adjusted purchased Index is up a full 5.7 percent over the previous week. It seems that adjustable-rate mortgage applications are at their highest level since November of 2009 up 5.1 percent up from 4.8 percent the week before.
Please go to Article:
http://www.examiner.com/x-30970-Atlanta-Mortgage-Industry-Examiner~y2010m3d11-Mortgage-applications-up-for-home-purchases
Please go to Article:
http://www.examiner.com/x-30970-Atlanta-Mortgage-Industry-Examiner~y2010m3d11-Mortgage-applications-up-for-home-purchases
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