Mortgage banks notch profit on loans for first time in 8 quarters
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported.
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported. The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported.
