Record Low Interest Rates Spur Refinancings : US Home loan

Category Finance, Video | Thursday, July 8th, 2010

Home loan applications jumped by 7 percent last week as consumers raced to mainly refinance their current loans at some of the lowest rates since records started being kept, the Mortgage Bankers Association reported. Residential home builders are up across the board, with the Philadelphia Housing Sector Index up 1.97 percent.

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