Industry News

Refis tumble during Thanksgiving week

Survey: Double-digit drop overshadows gain in home-purchase apps
Published on Nov 28, 2007

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by CareyBot

Despite an uptick in loan applications for home purchases, overall application volume fell during the week of Thanksgiving, the Mortgage Bankers Association reported today. The group’s market composite index, a measure of total home loan application volume, dropped 4.3 percent ...