Even as housing prices drop across the country, fewer people appear close to buying a home.
The Mortgage Bankers Association reports that the volume of mortgage applications fell last week to the lowest level in nearly eight years. Additionally, the group says applications are down 61 percent from this year’s peak in February.
The decline in new [...]
Mortgage Applications at lowest level in eight years, FDIC: New 3% mortgage rates for some IndyMac borrowers
August 20th, 2008 · No Comments
Tags: Mortgage Notes · Mortgage Refinancing
