Posts with tag refinances

Fewer mortgage refinances are being initiated by homeowners -- and that may be a good thing. The overall mortgage application loan volume declined 16.5 percent for the week ending Nov. 26, according to the Mortgage Bankers Association. Included in that number are refis, which declined 21.6 percent. Mortgage refis are now... Continue Reading »

Clearly the purchase mortgage market continues to find new lows, which, of course, means the real estate sales market is just about flat since the deadline for taking advantage of the tax credit ended April 30. Last week's Purchase Index, which tallies mortgages approved for home purchases, was the lowest since December... Continue Reading »