Refinance Activity, Mortgage Rates and Effective Rate
The Refinance Index increased 17.1 percent from the previous week and was the highest Refinance Index observed in the survey since the week ending May 15, 2009. … The refinance share of mortgage activity increased to 81.4 percent of total applications from 78.1 percent the previous week, which is the highest refinance share observed since January 2009.

The-Lane-Team

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Tags: Activity, Effective, Latest, MORTGAGE, News, rate, Rates, refinance

This entry was posted on Thursday, August 19th, 2010 at 7:53 am and is filed under Mortgage News. 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.