MBA Refinancing Index Takes A Dive

Rates for 30-year loans have risen 27 basins points (due to end of FED MBS buying program). As a result MBA Refinance Index fell 16.9%.

Chart 1. MBA Composite; Purchase And Refinancing Index

Source: MBA

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This entry was posted on Wednesday, April 7th, 2010 at 8:49 am and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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