Archive for January 23rd, 2008
Falling mortgage rates spur refinancing surge
This morning the Mortgage Bankers Association reported that for the week ending January 18, 2008, the Market Composite Index, the weekly measurement of mortgage loan application volume, jumped by 8.3 percent overall.
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Federal Reserve slashes funds rate
It seems as though I find valuable new mortgage information far more often than I ever expected when I started this blog. Let me know if this information was helpful…
Quicken Loans Chief Economist Bob Walters says today’s action should help loosen credit for consumers.