Mortgage Applications Drop
April 02, 2008
02:28 PM ET |
Luke Mullins
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The most recent survey from the Mortgage Bankers Association showed a roughly 29 percent week-over-week decline in the number of mortgage applications filed. "Refinancing decreased 38 percent following an 82 percent surge a week earlier, and the purchases index dropped to a five-year low," Bloomberg reports.
The press release is here.
The full article is here.
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