Relevant:
- HARP Activity Increasing Even as Refinancing Contracts
- Purchase Apps Climb as Borrowers Rush to Beat FHA Fee Hike
- Purchase Demand In Freefall. Housing Industry Unraveling
- Plunging Mortgage Rates Won't Juice Housing
- MBA Reports 27 Percent Drop in FHA Purchase Apps Due to Higher FHA Premiums (As Innocent Buyers Pay Through The Nose For Past Downpayment Fraud)
2010-09-09 — thetruthaboutmortgage.com
"“Purchase applications increased last week, reaching the highest level since the end of May. However, purchase activity remains well below levels seen prior to the expiration of the homebuyer tax credit, and is almost 40 percent below the level recorded one year ago,†said Michael Fratantoni, MBA’s Vice President of Research and Economics, in a release."
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