U.S. home loans applications, 82% of the benefit of low interest rates to refinance

U.S. mortgage applications, 82% of the benefit of low interest rates to refinance

Washington, U.S. Mortgage Bankers Association (MBA degree), released under the 25 January statistics index reflects mortgage loan applications for weeks ended August 20 (new, including the refinancing, the seasonally adjusted ) rose 4.9 percent, compared with last year the week. Refinancing applications accounted for 82.4% and in January 2009 the highest level since the index rate and improve overall.

Executive MBA "is the lowest mortgage rates in history. Who refinancing borrowers refinance over the past couple of years ago again, the applicant may continue to increase the number of" analysis said.