Industry News

Real estate refis lose steam

Overall home loan activity eases as interest rates rise
Published on Aug 3, 2005

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by CareyBot

Overall mortgage applications barely budged last week, going down 0.3 percent on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Association’s weekly survey. The MBA seasonally adjusted refinance index decreased 3 percent to 2,250.3 from ...