Mortgage applications tumbled last week: MBA
NEW YORK (Reuters) - Applications for home mortgages slumped for a third week in a row last week, hit by a drop in demand for refinancing, 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, tumbled 11.7 percent in the week ended November 25. The MBA's ...
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NEW YORK (Reuters) - Applications for home mortgages slumped for a third week in a row last week, hit by a drop in demand for refinancing, 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, tumbled 11.7 percent in the week ended November 25. The MBA's ...
Read More.. and DISCUSS