Mortgage Applications Rise 7.1%

Aug 3, 2011 by

Mortgage Applications Rise 7.1%

The number of mortgage applications filed in the United States increased 7.1% last week as mortgage rates fell across the board, an industry trade group said Wednesday.

The Mortgage Bankers Association’s market composite index – a measure of the nation’s mortgage loan application volume – rose 7.1% on a seasonally adjusted basis and 7% on an unadjusted basis over the previous week.  Read More


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