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Mortgage Applications Reduce in Latest Mortgage Bankers Association’s Survey
March 09, 2012 Written by Administrator
The Mortgage Bankers Association (MBA) has lowered mortgage refinancing application up to 1.2 percent on March 2, 2012, according to the Mortgage Bankers Association’s weekly mortgage applications survey.
The Mortgage Bankers Association has stated that the seasonally adjusted index of application for mortgage refinancing that includes both home purchase demand and refinancing has declined up to 1.2 percent.
FHA Reduces the Cost of Home Refinancing for FHA Mortgages
March 08, 2012 Written by Administrator
The Federal Housing Administration (FHA) has proclaimed that the premiums for mortgage insurance will be lowered for individuals who refinance their loans due to the housing market improvement strategy by President Barack Obama.
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