Industry News

Real estate purchases decline

Adjustable loans gain market share
Published on Oct 13, 2004

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by CareyBot

Overall mortgage applications dropped 9.2 percent last week on a seasonally adjusted basis, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted purchase index decreased by 4.9 percent to 436.3 from 459 the previous week. The seasonally ...

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