Industry NewsMortgage

Rate gains slow refis, home purchases

Survey: ARM share increases despite higher loan fees
Published on May 21, 2008

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by CareyBot

Home loan application volume fell 7.8 percent last week as interest rates rose, the Mortgage Bankers Association reported today. The seasonally adjusted decline from the week before was led by an 8.7 percent decrease in the index that tracks refinancings, ...

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