Keeping an eye on rates for refinance mortgage - 2006-01-25
Mortgages could become more expensive in 2006, affecting everyone from home buyers and sellers to real estate agents and homebuilders. When borrowing rates increase, people buy cheaper homes, homeowners pay higher monthly mortgage bills and less people enter the market for a house. For homebuyers who opted for fixed-rate loans, they can do a refinance mortgage when rates drop.
Read the full story at Bloomington Pantagraph

Real estate purchases pick up - 2006-01-25
Overall mortgage applications expanded 7.7 percent last week on a seasonally adjusted basis from the week before, the Mortgage Bankers Association declared today. The refinance mortgage share of mortgage activity dropped to 42.8 percent of total applications from 44 percent the previous week. Meanwhile, the adjustable-rate-mortgage share of activity fell to 29.5 percent of total applications.
Read the full story at Inman.com