Dallas Mortgage: Mortgage applications fall as mortgage rates rise slightly
posted March 31, 2011Dallas Mortgage: Mortgage applications fall as mortgage rates rise slightly
http://www.reuters.com/article/2011/03/30/us-usa-economy-mortgages-idUSTRE7212F120110330
Applications for U.S. home mortgages tumbled last week as higher interest rates sapped demand for loan 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, fell 7.5 percent in the week ended March 25.
“As…
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