Massachusetts Home Buyer Guide: Mortgage Applications Drop

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May 04, 2008

Mortgage Applications Drop

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

Posted by Rich Rosa on May 04, 2008 at 09:12 PM in Mortgage Rates & News | Permalink

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About Rich

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.

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