US Mortgage Applications Jump On Refinancing Demand: MBA
Applications for U.S. home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.
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Refinancing applications reportedly overwhelm BofA
Bank of America, struggling to handle mortgage refinancing after a U.S. program boosted demand, is telling some customers to wait 90 days before starting an application, said two people with knowledge of the policy.
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Freddie Mac Bets Against Refinancing? Or Just Higher Rates?
An investment in "inverse floaters" probably was just a bet on stable interest rates, not keeping homeowners trapped in their mortgages.
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BofA Puts Off Refinancing Clients
Bank of America Corp., facing increased demand for mortgage refinancing amid government efforts to help struggling homeowners, is telling some customers to wait 90 days, said two people with knowledge of the policy.
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Mortgage applications jump on refi demand: MBA
NEW YORK (Reuters) - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 7.5 percent in the week ended Feb 3. The MBA's seasonally ...
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