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Northern Colorado Real Estate Info
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Mortgage applications rise, an article from CNNMoney.com, reports that according to the Mortgage Bankers Association's weekly application survey, mortgage application volume increased 2.5% for the week ending December 7. The MBA's weekly application index rose from 791.8 the previous week to 811.8. Purchase volume grew 1.7%, while refinance volume increased 4.3%. The survey covers about 50% of all residential retail mortgage originations each week and provides a picture of mortgage lending activity among mortgage bankers, commercial banks and thrifts.
http://money.cnn.com/2007/12/12/real_estate/bc.apfn.mortgage.applications.ap/index.htm?postversion=2007121208
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