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October 17, 2012

Purchase Applications up for fourth consecutive week

by Central Coast Lending

The Mortgage Bankers’ Association reports that purchase applications are up for the fourth consecutive week, good for the highest level since June. Purchase applications rose 1.0 percent during the October 12 week. Refinance applications scaled back from three-year highs, dropping 5.0 percent.


Central Coast Lending is a California mortgage brokerage based in San Luis Obispo County. With offices in San Luis Obispo, Morro Bay, Paso Robles, and Arroyo Grande, Central Coast Lending is the top source for Central Coast mortgage, real estate, and home loan needs. To see why using a broker offers lower rates and superior service, click HERE. For a free, hassle-free online pre-qualification click HERE or call 805.543.LOAN to talk to one of our expert loan officers.

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