Wednesday, September 14, 2011

'Mortgage Applications up 6.3% Last Week'

Last week mortgage applications rose 6.3% as many homeowners filed purchase applications or refinanced.  This rise in mortgage applications and be traced back to the record-low interest rates today.  With such low rates people are refinancing and saving big money.

The interest rates for a 30-yr fixed mortgage dropped from 4.23% to 4.17% and the average rate for a 15-yr fixed mortgage dropped from 3.41% to 3.4%.


Matt Ullrich
303.941.2452.cell
303.415.2251.office
ullrich@boulderco.com
RE/MAX of Boulder

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