Mortgage Applications Drop on Weaker Demand for Refinancing
Posted on September 15, 2010 at 09:10 AM EDT
The number of applications for mortgage loans fell last week as demand for refinancing loans weakened. The total loan applications index fell 8.9% on a seasonally adjusted basis from a week earlier, with applications for refinancing loans slipping 10.8%, the Mortgage Bankers Association said. These figures include an adjustment to account for the Labor Day holiday. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv='ads.tw.adsonar.com'; Applications for... Continue reading Mortgage Applications Drop on Weaker Demand for Refinancing Mortgage Applications Drop on Weaker Demand for Refinancing originally appeared on DailyFinance on Wed, 15 Sep 2010 09:10:00. Filed Under: Economy , Investing , Real Estate , Credit Permalink | Tweet this! | Comments