State Mortgage Refinancing Applications Decline First Week Of June
June 29th, 2009
A national index of mortgage activity showed that refinancing applications dropped a seasonally adjusted 11.8 percent for the first week of June compared with the previous week, the Mortgage Bankers Association reported Wednesday.
Mortgage applications showed some strength, however, rising a seasonally adjusted 1.1 percent compared with the previous week, according to the MBA’s weekly survey.
Source:State Mortgage Refinancing Applications Decline First Week Of June