FILE PHOTO: Homes are seen for sale in the northwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola/File Photo
NEW YORK - U.S. mortgage applications jumped to their highest level since October 2016, led by a surge in refinancing activity, as some home borrowing costs declined to their lowest levels in more than a year, the Mortgage Bankers Association said on Wednesday. The Washington-based group’s seasonally adjusted index on requests for loans to buy a home and to refinance one increased 18.6% to 503.6 in the week ended March 29. This was the strongest reading since 512.9 in the week of Oct. 14, 2016.
Trump MAGA in record time. Americans adore Trump and despise shameless Crooked Hillary and Pelosi. Hahaha!!!!
How great is US Economy- wish we could pass a little of it to suffering Africa. Thank you realDonaldTrump Americans appreciate you KAG2020
The parallels to 2006-08 are starting to get uncanny.
Inversely related to interest rates. DUH 🙄