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Author at Compare Closing LLC
Amanda Byford has bought and sold many houses in the past fifteen years and is actively managing an income property portfolio consisting of multi-family properties. During the buying and selling of these properties, she has gone through several different mortgage loan transactions. This experience and knowledge have helped her develop an avenue to guide consumers to their best available option by comparing lenders through the Compare Closing business.
Latest posts by Amanda Byford (see all)
The Mortgage Bankers Association data for application rose by 0.3% compared to the third week of September 2021
The market index also rose from 707.9 last week to 742.7
The purchase index today is 283.9 in comparison to 277.9
There is a rise in the refinancing index, from 3,185.6 last week to 3,391.1 today.
30-year mortgage rate remains unchanged since the same time last week at 3.03%
The jump in mortgage applications along with the surge in refinancing activity, and the purchases only reaffirms that in spite of the home prices rising the demand is still there.
Reference Source: Forexlive
