Industry NewsMortgage

Rising rates cut into home loan apps

Survey: Refis lose market share, adjustables gain
Published on Apr 23, 2008

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by CareyBot

Home loan application volume sank 14.2 percent last week on a seasonally adjusted basis from one week earlier as interest rates climbed considerably, the Mortgage Bankers Association reported today. According to the trade group, the decrease was led by a ...

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