Loan Rates and Applications Dip
Posted September 14, 2009 – 4:15 pm in: FinancialCited: NewsDaily
An industry group reported that US mortgage applications slid the last week of August even though mortgage rates edged lower. Even requests for loans to buy homes declined for the first time since July. The applications index fell by a seasonal adjustment of 2.2% as the demand for both purchase and refinance loans slipped [...]
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