Low mortgage rates lead to surge in mortgage applications

Publish date
08/24/2010
Source
MSNBC.com
Main Category
Economy - US
Article Summary

A surge in mortgage applications occurred last week as homeowners sought to take advantage of super-low mortgage rates, reports the Mortgage Bankers Association.  The agency reports a 17.1% increase in applications to refinance increased the total measure 13.0% to place the measure at a a 15-month high.

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