Thursday, January 29, 2009

Mortgage Refinance Applications Jump & Mortgage Refinance Originations Slump

Given reports of record low mortgage rates, we would expect a return to the mortgage refinance boom. News reports indicate a large increase in refinance applications. The data does not show that the increase in mortgage refinance applications result in increases for mortgage originations. Conventional refinance mortgages continue to show a steady decline.


4 comments:

Anonymous said...

great post

Victoria Mortgage Brokers said...

Thanks for the chart. This is something that can really be useful. Information here can help.

Maizah said...

This type of loans can also be taken for investment purposes. All most every banks are provides this options. Here are also lots of online lenders if you wanted it real quick and easy.


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