Mortgage applications dipped last week: MBA

Mortgage applications dipped last week: MBA

NEW YORK (Reuters) - Applications for U.S. home mortgages dipped last week as refinance demand sagged, though activity in home purchases picked up, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 1.2 percent in the week ended March 2. The MBA's ...

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