Industry News

Real estate purchases decline

Adjustable-rate share of loans at 16-month low
Published on Jul 13, 2005

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by CareyBot

Overall mortgage applications dropped last week, going down 7.2 percent on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Association’s weekly survey. “Mortgage application volume is down 7.2 percent from the previous week, with applications for ...