Industry NewsMortgage

Home loan apps slide 28%

Survey: Costs up on fixed-rate products, down on adjustables
Published on Apr 2, 2008

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by CareyBot

Mortgage application volume slid 28.7 percent last week as long-term interest rates rose slightly, the Mortgage Bankers Association reported today. According to MBA, the seasonally adjusted decline was led by a 38.1 percent drop in the index that tracks refinance ...

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