Industry News

Borrowers put money in real estate

Loan applications surge as mortgage rates fall
Published on Jul 7, 2004

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by CareyBot

Overall loan applications increased 19.5 percent last week, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted purchase index increased by 15 percent to 500.9 from 435.4 the previous week. The seasonally adjusted refinance index increased by ...