Industry News

Real estate loan applications decline

Borrowers not inspired by second week of lower interest rates
Published on Jul 26, 2006

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by CareyBot

Despite another dip in mortgage rates, overall home loan applications sank 1.3 percent last week on a seasonally adjusted basis from the week before, the Mortgage Bankers Association reported today. The seasonally adjusted purchase index decreased by 2.4 percent to ...

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