{"id":2947,"date":"2012-05-25T11:54:54","date_gmt":"2012-05-25T11:54:54","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=2947"},"modified":"2012-05-25T11:54:54","modified_gmt":"2012-05-25T11:54:54","slug":"mortgage-applications-rise-again-on-low-rates","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/mortgage-applications-rise-again-on-low-rates\/","title":{"rendered":"Mortgage Applications Rise Again on Low Rates"},"content":{"rendered":"

Mortgage Applications Rise Again on Low Rates.<\/h2>\n
\"Mortgage<\/a>

Mortgage Applications Rise Again on Low Rates<\/p><\/div>\n

Record low interest rates continue to pump up\u00a0Mortgage Applications volume, as more borrowers try to take advantage.<\/h3>\n

Mortgage applications<\/strong> increased 3.8 percent for the week ending May 18, the Mortgage Bankers Association reports. A boost in more home owners refinancing their mortgages was attributed to the rise last week.<\/p>\n

Refinance application activity increased 5.6 percent, reaching a nearly four-month high. Meanwhile,\u00a0Mortgage Applications<\/em> for home purchases dropped 3 percent in the week, the Mortgage Bankers Association reports.<\/p>\n

“Mortgage rates again dipped to new record lows in the survey, which spurred more borrowers back into the refinance market,\u201d says Michael Fratantoni, MBA’s vice president of research and economics.\u00a0 \u201cAs a result,\u00a0Mortgage Applications<\/span> for refinance loans have increased for the third straight week and are at the highest level since February of this year.”<\/p>\n

Source: \u201cRecord low rates spur mortgage application filings,\u201d HousingWire (May 23, 2012) & realtormag.realtor.org
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage Applications Rise Again on Low Rates. Record low interest rates continue to pump up\u00a0Mortgage Applications volume, as more borrowers try to take advantage. Mortgage applications increased 3.8 percent for the week ending May 18, the Mortgage Bankers Association reports. A boost in more home owners refinancing their mortgages was attributed to the rise last … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-2947","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nMortgage Applications Rise Again on Low Rates - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Mortgage Applications Rise Again on Low Rates. 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