Mortgage Applications See Big Swings In February

Mortgage Applications See Big Swings In February
(Undated) -- The numbers are all over the board when it comes to recent mortgage application activity. The Mortgage Bankers Association said today applications to purchase a home jumped nine-percent in the week of February 28th. That followed declines of four and six percent in the previous two weeks. Last week's jump in applications was aided by a drop in interest rates on a 30-year mortgage.