Markets & Economy

Demand for purchase mortgages hits 6-week low

Research firm 'optimistic' that applications will bounce back
Published on Jun 4, 2014

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by CareyBot

Demand for purchase mortgages dropped to a six-week low last week, despite a string of recent reports that suggest the housing market may have moved beyond a recent soft patch. Applications for purchase mortgages fell a seasonally adjusted 4 percent for the week ...