Industry News

Real estate purchases grow

Rising interest rates fail to thwart borrowers
Published on Mar 29, 2006

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by CareyBot

Despite a third weekly drop in refinancings, overall mortgage applications gained 1.2 percent last week on a seasonally adjusted basis from the week before, the Mortgage Bankers Association reported today. The seasonally adjusted purchase index increased by 2.7 percent to 404.1 from ...