Industry News

Real estate purchases drop

Refi index down more than 86% from record high
Published on Jun 9, 2004

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by CareyBot

The number of mortgage purchase applications decreased last week by 8.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted purchase index decreased by 6 percent to 432.2 from 459.8 the ...