Industry News

Real estate loan application volume drops

Rates on 30-year fixed-rate mortgage up to 6.5% in latest weekly survey
Published on Apr 12, 2006

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by CareyBot

Mortgage loan application volume was down for the week ending April 7, and long-term interest rates edged higher, according to the Mortgage Bankers Association’s latest weekly survey. The market composite index, a measure of mortgage loan application volume, was 579.4, ...