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Real Estate & Property Law

: Housing Wire

Mixed Signals for Mortgage Applications

By KELLY CURRAN

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Mortgage application volume fell 7.1 percent on a seasonally-adjusted basis, following a dramatic jump in volume during the week of Thanksgiving, according to data released Wednesday morning by the Mortgage Bankers Association. Purchase loan applications were the primary culprit for the weekly drop, with the MBA reporting a 17.4 percent drop in purchase money applications overall. [...]

Full post as published by Housing Wire on December 10, 2008 (boomark / email).

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