Mortgage applications rebound, slowing economy brings rates down

Both the Mortgage Bankers Association and Freddie Mac reported a drop in Fixed Rate Mortgage (FRM) rates in their latest surveys, with Freddie Mac reporting an increase in 1-year Adjustable Rate Mortgage (ARM) rates and the Mortgage Bankers Association reporting a drop. The Mortgage Bankers Association also reported that new mortgage applications rose last [...]

November 14 2008, 2:33am | Original Link »

Your favourite external commenting service goes here! I recommend http://www.disqus.com