A place to find out what's REALLY going on in the Jacksonville area real estate market.
Wednesday, February 3, 2016
MBA: Mortgages applications reverse trend, drop
MBA: Mortgages applications reverse trend, drop: After three weeks of steady increases, mortgage applications posted a drop, falling 2.6% from one week earlier. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances dropped to its lowest level since October 2015.