Low Rates Could Boost Refi Apps to High 20% Below Last Year’s

Conventional refinance mortgage application numbers affected by low rates during last week’s market volatility are expected to come in roughly around 20% lower than they were when the Mortgage Bankers Association’s application index hit its peak last year, according to a Credit Suisse report Monday.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_411/low-rates-could-boost-refi-apps-1026139-1.html?CMP=OTC-RSS

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