RT @realtormag: #Mortgage applications were mostly...
RT @realtormag: #Mortgage applications were mostly flat last week, despite drop in interest rates http://t.co/KDZN8ew7hu
February 06, 2014
Despite Drop in Mortgage Rates, Loan Demand Stays Flat
Home mortgage applications held mostly flat in the latest week, despite a drop in mortgage rates, the Mortgage Bankers Association reported Wednesday. The MBA’s mortgage application index - which reflects both home purchase demand and refinancings - rose slightly by 0.4 percent in the week ending Jan. 31.