Mortgage applications fall 4.4 percent

July 29, 2010, 2:46 pm
Applications for home loans fell last week despite the lowest mortgage rates in decades. The Mortgage Bankers Association said Wednesday that overall applications fell 4.4 percent from a week earlier. Applications to refinance home loans dropped 5.9 percent. Those taken out to purchase homes rose 2 percent. The numbers are seasonally adjusted. Mortgage rates have been at [...]
Source: libn.com





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