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30.07.2020

Hot Mortgage Prices Have Borrowing Sizzling This Cold Weather

Filed under: Rhode Island Payday Loans — admin @ 16:16

Hot Mortgage Prices Have Borrowing Sizzling This Cold Weather

Minimal rates are maintaining home loan applications to arrive at a trade team claims.

Roland Magnusson / Shutterstock

Mortgage loans are a hot commodity this cold weather by way of home loan prices that stay at their cheapest amounts in months — and sometimes even years.

The volume of loan applications remained strong, according to a trade group’s new report though borrowing softened a little bit last week.

Mortgage application amount still ‘elevated’

Overall home loan applications slipped 1.2% within the week closing Jan. 17, the Mortgage Bankers Association states. (more…)

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