Industry News

Real estate refinancings tumble

Survey finds interest rates headed uphill
Published on Sep 14, 2005

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by CareyBot

Overall mortgage applications slid 1.4 percent last week on a seasonally adjusted basis from the week before, fueled by a significant drop in refinancings, according to the Mortgage Bankers Association’s weekly survey. The seasonally adjusted refinance index decreased by 6.7 ...

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