Industry News

Real estate purchases cool

Adjustable-rate loans lose market share
Published on Aug 31, 2005

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by CareyBot

Overall mortgage applications fell again last week, down 4.5 percent on a seasonally adjusted basis from the week before, according to the Mortgage Bankers Associations’ weekly survey. The seasonally adjusted purchase index decreased by 3.6 percent to 470.6 from 488.4 ...