Mortgage Refinance Applications Decrease Despite Decline in Rates RISMEDIA, September 30, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 24, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8% on a seasonally adjusted basis from… TheTruthAbout… Read more on RISMedia Real Estate [...]

Rising home sales likely to cool despite low rates A now-expired homebuyer tax credit and low mortgage rates helped boost sales of previously occupied homes in April. The improvements aren’t likely to last. The tax credit is now gone. And economists caution that Americans are facing so many financial… Susan E Adams Read more on [...]