May 07
Continued tight credit and worries about inflation worked to keep
mortgage rates essentially locked into place during the
week ended May 1 according to the Primary Mortgage Market Survey
conducted by Freddie Mac.
MBA also reported that mortgage originations for commercial
and multifamily properties were up 19 percent last year (2007)
with lenders closing $507.7 billion in loans.
Increases were seen in originations for…