ARAMCO Report - The Mother of ALL Mortgage Blogs!

ARAMCO Report - Wednesday January 21, 2015

Posted by Mehran Aram on Wed, Jan 21, 2015 @ 13:01 PM

The MBA’s index for refinancing applications jumped 22.3% last week while home purchase loans rose by 14.2%.  This thanks to a huge drop in mortgage rates which are once again near all-time lows.  According to CoreLogic year over year nationwide home prices rose 5.5% in November.  Meanwhile housing starts rose 44% in December, the strongest pace in 7 years.

And now for something completely different…  Did you know that the creator of Peter Pan, J.M. Barrie, gave away the rights to the franchise?  He gave them away to a children’s hospital so it could receive royalties to fund the hospital’s operations.

For more information on a home purchase, refinance, or a reverse mortgage, visit our website at Aramco.Biz or call me at (877) 700-0942.

This is Mehran Aram with today's ARAMCO Report.

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Topics: purchase, Peter Pan, Barrie, CoreLogic, MBA, Housing, Refinancing, all-time, Mortgage rates