Record Low Rates Spur Mortgage Application Filings


Posted by on May 24, 2012 in Headlines | 0 comments

Mortgage application filings rose 3.8% for the week ending May 18 as low interest rates spurred along refinancing activity, an industry trade group said.

The Mortgage Bankers Association said refinancing application activity shot up 5.6% while an index measuring home purchases fell 3% from a week earlier.

Read More: Record low rates spur mortgage application filings 

Author Bio: Travis Saxton is the marketing and technology manager at REAL Trends. Prior to operating this arm for REAL Trends, Travis was the director of online services for a newspaper consulting company. He greatly enjoys working with real estate companies adapt new cutting edge strategies and perfecting their online presence and systems. He has experience in the following areas: Websites, SEO/SEM, CRM/Lead Generation Systems, Traditional Marketing and Social Media Marketing, Real Estate Technology Consulting.

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