Mortgage Applications Soar on Near Record-Low Rates

Before you go, we thought you'd like these...
Before you go close icon
Mortgage applications soared nearly 10 percent this past week as record low interest rates lifted refinancing activity, an industry trade group said Wednesday.

The Mortgage Bankers Association, which measures loan application volume through the market composite index, said loan volume increased 7.5 percent on a seasonally adjusted basis from a week earlier.

Read the full story on HousingWire.

Also see:
CoreLogic Report Shows Sharp Drop in Foreclosures for 2011
Bank of America Plaza to Sell at Foreclosure Auction
Top Turnaround Housing Markets for 2012

More on AOL Real Estate:
Find out how to
calculate mortgage payments.
homes for sale in your area.
foreclosures in your area.

What Information To Provide When Applying For A Mortgage
Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

Find a New Home

Powered by Zillow

From Our Partners