Mortgage applications fall in latest week: MBA

Mortgage applications fall in latest week: MBA

NEW YORK (Reuters) - Applications for U.S. home mortgages dropped last week, erasing the gains of the week before as demand for refinancing evaporated, 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, dropped 10.0 percent in the week ended Nov 11 ...

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