Mortgage Applications & Refinances Drop

According to this week’s Mortgage Bankers Association’s survey, home purchases and mortgage applications have dropped. Home purchases dropped down approximately 1%, mortgage applications down about 6.2% and refinances fell by 10%.

It seems that some statistics suggest that many homeowners, over the last 10 or more years, have not looked at, considered, or assessed their options for refinancing their current home loans to take advantage of possible savings due to the lowered rates of today. With current home loan and refinancing rates still extremely low, we can help you find the best loan opportunities for you to secure some savings on your loans today. Call or contact us to find out… before home loan rates go up!