Notes and Opinions from one of Arizona's Most Trusted Loan Teams Applications for Mortgages Up 7.5 Percent July 11th, 2008 11:44 AM The Mortgage Bankers Association reports that its applications index rose 7.5 percent to 513.4 in the week ended July 4, 2008, up from 477.7 a week earlier. The increase represents the second straight week of higher loan volume and suggests that some buyers are looking to return to the market to take advantage of low home prices. The index of applications to purchase a home rose 6.7 percent to 365.8 from 342.8 a week ago, while the index to refinance a loan rose 8.7 percent to 1379.3 from 1269.2. Refi requests accounted for 37.3 percent of the application volume, up from 36.8 percent. More - May Require Free Registration From "Applications for Mortgages Up 7.5 Percent" Boston Globe (07/10/08) Posted by on July 11th, 2008 11:44 AMPost a Comment (0) * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: Mortgage Underwriting is Stifling Housing Recovery Tight Mortgage Credit Still an Issue RATES - RATES - RATES Taking the mystery out of FHA Non-Occupant Co-Borrower Loans Positive Shift in Real Estate Sales 5% Down Conventional Loans are Back First Time Buyers and All Refinances Need to Hurry 10 Important Tips About Homebuyer Tax Credit NAR: Pending Sales Down - Higher Than Last Year 2009 Wrap Up Archive: August 2007 Good time to buy? Posted by Jon Laird on August 30th, 2007 1:27 PM State of the Mortgage Industry Today Posted by Jon Laird on August 24th, 2007 12:57 PM November 2009 Rates Remain Great - First Time Buyer Credit Extended Posted by Jon Laird on November 13th, 2009 3:01 PM October 2009 Big Changes for Us - Better Service for You! 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