Bankers Quotes


Although mortgage rates have risen for the second week running, the long-term figures are still only about 50 basis points higher than they were at the start of the year... This may have slowed the refinance market a little, but refinancing continues to make up about half of all applications for mortgages, according to the Mortgage Bankers Association. - Frank Nothaft



Additionally, applications for home purchase were the highest ever recorded last week, according to the Mortgage Bankers Association, which also reported that refinancing activity reached almost 50 percent of applications over the same period. The housing industry continues to amaze us. - Frank Nothaft



[Mainland] bankers are so keen to learn. - Alexander Hungate



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