Requests for home loans riseNews added by ProWEB Media on July 29, 2010
Gary Linnell

ProWEB Media

Joined: December 27, 2005

For the second consecutive week, requests for home loans climbed to the highest level since June. However, this figure still falls just above a 13-year low, the Mortgage Bankers Association reports.

The group says its mortgage market index fell by a seasonally adjusted 4.4 percent in the week ended July 23.

Meanwhile, average 30-year mortgage rates climbed to 4.69 percent -- an increase of 0.10 percent since the group starting tracking rates in 1990.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of is strictly prohibited.
If you have questions, please visit our terms and conditions
Post Press Release