Applications for mortgages to buy a house or to refinance an existing loan fell last week, even though mortgage rates are at all-time lows. The D.C.-based Mortgage Bankers Association said overall applications fell 2.4 percent last week, and purchase applications decreased 5.7 percent, the lowest level since December 1996. “Another week of volatile markets and [...]

August 24th, 2011
davidguide
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