Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Plunge in Rates Sparks 23.5% Spike in Mortgage App

:Plunge in Rates Sparks 23.5% Spike in Mortgage Applications after Unusually Weak Holidays

Overall volume jumped 23.5 percent last week from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. An adjustment was also made for the New Year's Day holiday. Volume was still 9 percent lower than a year ago.

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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The Iowa Bankers Association (IBA) is dedicated to serving Iowa banks and their employees.

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