FHA mortgage applications surge on low interest rates

Dec 11, 2019 |

With last week’s mortgage rates continuing to hover near historic lows, the Mortgage Bankers Association indicates mortgage applications ticked up by 3.8%. This means on an unadjusted basis, the index moved forward 3.8% for the week ending on Dec. 11, 2019. Applications rose significantly for Federal Housing Administration loans, as FHA borrowers sought to refinance their mortgages […more]

Posted in: San Francisco

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