Industry News

Real estate purchases cool for third week

Rates rise, refinancings lose market share
Published on Feb 15, 2006

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by CareyBot

Overall mortgage applications fell for the third consecutive week in the Mortgage Bankers Association’s latest survey, down 7.3 percent on a seasonally adjusted basis from the week before. The seasonally adjusted purchase index decreased by 7.9 percent to 391.7 from 425.1 ...