The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 14, 2011 increased 5.0% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 6.4% compared with the previous week. The Refinance Index increased 7.7% from the previous week. This is the third consecutive weekly increase in refinance applications and is the highest Refinance Index observed since the beginning of December.
Hopefully this is a sign of good things to come. It would be great if 2011 the housing maeket could get back on track and strog again…
Well, we did our part in the re-fi mkt, & went down to 4.25 for 15
Nice rate.