Industry News

Real estate purchases pull out of 3-week slump

Interest rates plummet in latest MBA survey
Published on Aug 9, 2006

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by CareyBot

Overall mortgage applications increased 4.9 percent last week on a seasonally adjusted basis from the week before, fueled by a significant drop in interest rates, the Mortgage Bankers Association reported today. The seasonally adjusted purchase index increased by 3.4 percent ...

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