Home-Purchase Applications Seeing Steady YOY Growth

The Mortgage Bankers Association is attributing an increase in home-purchase applications this week to mortgage rates edging down slightly following a decline in oil prices and easing tensions in the Middle East.  The latest Market Composite Index from the MBA—its measure of mortgage loan activity volume and includes purchases and refinances—shows mortgage application activity increasing…

The post Home-Purchase Applications Seeing Steady YOY Growth appeared first on RISMedia.

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