Mortgage applications are up, on the strength of FHA refis

Dec 8, 2021 |

Mortgage applications increased 2% for the week ending Dec. 3, driven by a surge in government refinancings according to the Mortgage Bankers Association (MBA) survey published on Wednesday. The increase was mainly driven by the refinance index up 9% from the previous week on a seasonally adjusted basis. Concurrently, the purchase index decreased 5% from the week prior. “Mortgage […more]

Posted in: San Francisco

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