Industry News

Borrowers hold off on real estate purchases

Interest rates rise during Thanksgiving Week
Published on Dec 1, 2004

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by CareyBot

Overall mortgage applications fell 5.8 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 0.6 percent to 460.3 from 463.3 the previous week. The seasonally ...

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