The n? Number of people who last week initiated the tr? Mites to ask for a mortgage in the United States was 48% higher than a week before, according to the Association? Banks of the mortgage? Rivers (MBA in English? S ), which relates the increase? reduced? the interest rates applied to such company? stimos. The MBA reported today that on? Requested number of mortgages rose 124% in comparison? With the same week a year earlier. The increase was that more applications for the company? Stimos previous to refinance mortgages, which move? Aram weekly 62.6%, while the request to purchase a new increased 28%.
These strong increases coincide with strong falls in interest rates applied to the company? Stimos mortgage? Rivers, reflecting reduced? The rate b? Sica interest promoted by the U.S. government.
On 16 December, the Federal Reserve (Fed, U.S. central bank) sets the rate b? Sica of interest between 0% and 0.25%, which after a s? Series of cuts began in September 2007, when this percentage was 5.5%. According to the MBA, the fixed interest rate that is? being applied? s mortgages to 30 years in the United States were last week in a m? day of 5.04%, 5.18% of the front seven days before, which is the lowest since 4.99% of June 2003
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