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发帖数: 2314 | 1 Mortgage applications at 7-month low
Industry group says requests for home loans fell 18.9% last week as
borrowing costs increase.
NEW YORK (Reuters) -- Mortgage applications plunged to a seven-month low
last week as demand for home refinancing loans tumbled 30%, data from an
industry group showed Wednesday.
The drop does not bode well for the hard-hit U.S. housing market, which has
been showing some signs of stabilization, with sales rising and home price
declines moderating in many regions of the country.
The Mortgage Bankers Association said its seasonally adjusted index of
mortgage applications, which includes both purchase and refinance loans, for
the week ended June 26 decreased 18.9% to 444.8, the lowest reading since
the week ended Nov. 21, 2008. |
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