Borrowing Boost

Patty Jenab - Sr Loan Officer

(760) 300=4145 ext 5217

NMLS #288283/1850

Patty Jenab - Diversified Capital Funding

A rate decline led to an application incline according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending January 10. The PMMS credits lower energy prices and continued income growth for a 20% increase in mortgage applications last week as rates for a 30 year fixed rate mortgage dipped to the lowest levels since March of last year.