Under One Roof Blog
Everything You Need To Know About Home Mortgages

Mortgage Applications surged last week!
March 26, 2009 by Tamara Sevigny, Customer Care Director

Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. The Seattle Post-Intelligencer reported that according to the Mortgage Bankers Association its weekly application index climbed 32.2 percent for the week ended March 20, 2009. The index came in at 1159.4, up from 876.9 a week earlier. For the full article please log onto: http://www.seattlepi.com/business/1310ap_mort…

This entry was posted on Thursday, March 26th, 2009 at 11:48 am and is filed under Mortgage Loan Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.