Industry News

Borrowers eye home purchases as rates rise

Refinancings lose ground for 4th straight week
Published on Apr 11, 2007

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by CareyBot

Another sizeable drop in refinancings last week sent overall mortgage application volume down for the fourth week in a row, the Mortgage Bankers Association reported today. The market composite index, a measure of home loan applications, dipped 0.4 percent, falling ...