Relevant:
- Application Volume Falters as Rates Inch Upward
- Raw Application Volume Rises as Household Apps Retreat
- refinance share of mortgage activity lowest since may
- Mortgage Applications Drop as Rates Rise, Refis Dry Up
- Mortgage applications surge 5.8 percent, as rates briefly dip (BUT LID STILL ON HIGHER-RATE MARKET)
2009-04-15 — rttnews.com
Industry data released on Wednesday showed that mortgage application volume fell 11 percent last week, as refinance activity slid nearly 11 percent. The decline in applications comes despite a drop in interest rates across the board, which usually encourages mortgage activity.
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