fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

Refinancing Skids to Seven Month Low

Wednesday, March 16, 2016

Rising interest rates took their toll on mortgage application activity last week.  The Mortgage Bankers Association (MBA) said that application volume overall was down 3.3 percent on a seasonally adjusted basis during the week ended March 11 and was down 3.0 percent unadjusted.

The Refinance Index decreased 6 percent compared to the previous week which ended on March 4.  Refinance applications made up a 55.0 percent share of all mortgage applications compared to 56.7 percent the week before; the lowest share for refinancing since August 2015.

Read Full Article


He is a great guy with a great personality and did anything needed to satisfy me and get done what needed to get done. Whether it was meeting me somewhere that was more convenient for me or just getting me a few things that were less of a challenge for him to do. He is also very open minded, explained all the scenarios front and back and explained to me all the pros and cons that could appear to whichever road we went down.
Michael S.