Refinance Demand Buoys Mortgage Applications Uptick

Steady rates remaining in the low 6% range continue fueling refinance demand, rising the tide for a small increase this week in overall mortgage applications, as tracked by the Mortgage Bankers Association (MBA).  According to the latest Market Composite Index—MBA’s measure of mortgage loan activity volume and includes purchases and refinances—increased 2.8% on a seasonally…

The post Refinance Demand Buoys Mortgage Applications Uptick appeared first on RISMedia.

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