Industry News

Real estate purchases increase

30-year fixed falls to 5.34% in latest MBA survey
Published on Mar 10, 2004

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by CareyBot

Despite falling interest rates, overall mortgage purchases climbed just 1.2 percent last week on a seasonally adjusted basis, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted purchase index increased by 1.4 percent to 428.6 from 422.6 ...