Wednesday, February 09, 2011

HOME SWEET HOME


MBA: Mortgage Applications Down As Interest Rates Spike (ino.com)

"U.S. home loan demand fell last week as interest rates rose to their highest levels in ten months, according to the latest figures from the Mortgage Bankers Association. Refinancing demand, which makes up the bulk of mortgage applications, slipped 7.7 percent last week. Home purchase applications fell 1.4 percent."

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