Demand for purchase mortgages down 10 percent from a year ago

ARM loans accounted for 8 percent of home loan requests
Published on Jul 9, 2014

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by CareyBot

Demand for purchase mortgages climbed last week even as rates ticked up slightly and the nation geared up to celebrate Independence Day. While applications for purchase loans during the week ending July 4 were up a seasonally adjusted 4 percent ...