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Mortgage applications up as refinancing increases (AP)

April 13th, 2009 · Permalink

Demonstrators from ACORN's Home Defenders rally outside the foreclosed home of Marie Elie in Elmont, New York, April 9, 2009.  The group is asking to stop evictions and to implement a one year foreclosure moratorium that would establish a delay between the moment where a mortgage lender has proven entitlement to foreclosure and the actual court order which transfers title and enables foreclosure to proceed.   REUTERS/Shannon Stapleton   (UNITED STATES BUSINESS SOCIETY)AP - Mortgage applications continued to rise last week, as low interest rates allowed borrowers to refinance their home loans at the lowest rates in decades.




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