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U.S. mortgage applications declined 11.1 percent compared to the previous week and reached a yearly low, USA Today reported April 30, 2008.
The Data comes from the Mortgage Bankers Association.
Refinance applications fell 16.7 percent while purchase applications dropped 4.8 percent.
Read The USA Today Article
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I am a Massachusetts real estate broker and lawyer and co-founder/owner of Buyers Brokers Only, LLC. I am also a partner in the law firm of Rosa & Kres, LLP.
If you have a question for me about any aspect of the home-buying process (i.e., house hunting, mortgages, negotiations, buyer agency, purchase and sale, etc.), please don't hesitate to send me an email. I'm happy to try to answer your question.
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