Industry News

Mortgage loan applications, interest rates fall

Proportion of ARM loans, refi's grows
Published on Nov 21, 2007

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by CareyBot

Mortgage loan applications for the week ending Nov. 16 fell 3.6 percent on a seasonally adjusted basis from a week earlier, with refinance and adjustable-rate mortgages accounting for a larger share of applications than the week before, the Mortgage Bankers ...