Day: October 19, 2015

Mortgage Applications are on the Rise

Last week, mortgage applications saw a sharp increase. Declining rates encouraged aspiring homeowners to take the leap and invest in a personal residence. According to the Mortgage Bankers Association, its application survey data rose by 25.5 percent. This atypical movement ran the gamut since the refinancing index also grew by 24 percent. It would appear that the amount of purchase

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