Wednesday, November 6, 2013

US mortgage applications fall in latest week: MBA

CNBC has the details. 

Applications for U.S. home loans fell in the latest week, reversing the previous week's gain, data from an industry group showed on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 7 percent in the week ended Nov. 1. The index jumped 6.4 percent in the previous week.

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